According to SPARC, Open Educational Resources (OER) have saved the academic community (that is, students, donors and governments who actually pay for the system) more thn a billion dollars over the last five years. "SPARC announced this important milestone live this morning at the 15th annual Open Education Conference in Niagara Falls, NY. Further details will be presented during a session this afternoon, and full documentation including calculations and data tables will be published on our project page in the coming weeks." As impressive as that number is (assuming it can be substantiated) it is worth keeping in mind that OER account for only a small percentage of the academic resources in use today.
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