University of Michigan Eyes e-Books as a Way to Lower Soaring Textbook Costs
The University of Michigan is considering widely embracing electronic textbooks in the coming years.
But how cost effective will a move toward the 21st century version of the classic textbook be?
U-M librarian Paul Courant estimates that a typical e-book costs between 20 and 30 percent less than its printed counterparts. But he says it’s possible to lower costs further.
Recently released results of a new study by Daytona State College [full text below] show that while most students realize some level of cost savings when buying electronic textbooks, some e-books are nearly as expensive as traditional books.
The study found that in one economics course, e-books were generally about half as expensive as print books. In another economics class, however, the electronic version of a textbook was just $1 cheaper than its printed counterpart.
Read the Complete Article
Direct to “A Study of Four Textbook Distribution Models” (via EDUCAUSE Quarterly)
See Also: Editorial: “Online textbooks could work for California” (via LA Times)
See Also: More About eTextbooks at Daytona St. University
Filed under: Publishing
About Gary Price
Gary Price (firstname.lastname@example.org) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. He earned his MLIS degree from Wayne State University in Detroit. Price has won several awards including the SLA Innovations in Technology Award and Alumnus of the Year from the Wayne St. University Library and Information Science Program. From 2006-2009 he was Director of Online Information Services at Ask.com. Gary is also the co-founder of infoDJ an innovation research consultancy supporting corporate product and business model teams with just-in-time fact and insight finding.