OpenStax Saved 1 Million Students $70 Million

August 2, 2017
 

OpenStax, the nonprofit based at Rice University that produces peer-reviewed openly licensed textbooks and materials, told “Inside Digital Learning” that during the 2016-17 academic year more than one million students at 3,800 institutions nationwide used OpenStax resources and that those learners saved more than $70 million total.

Officials said that, on average, students using OpenStax materials saved $98.57 per course. To come up with that figure, OpenStax considered the cost of rentals, used books and new books, as well as the variance in textbook prices between disciplines.

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