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This month, Pearson announced that it is cutting the prices of its ebook rentals and is rolling out a pilot rental program for paper textbooks.
We have been inundated with stats in the past few years about how textbook costs have risen more than 1000% in the past few decades. Most student union groups have campaigns to push faculty to adopt open resources in their classrooms. It is so easy for students to type in their textbook name into Google and have numerous resources available for leaked textbooks. Pearson is hoping that by reducing the cost that more students will go the ethical route and rent the book. Continue reading “Can publishers compete with open-source textbooks?”