With the cost of college textbooks as high as they are, students are struggling more than ever to make ends meet. The edtech world is finally starting to take notice: companies and edtech leaders are working to create resources for open-source textbooks. Online Colleges has created an infographic on the numbers behind the shift toward open-source textbooks, and some of the statistics will surprise you.
For instance, did you know that students spend an average of about $1,200 on textbooks each year, and that there has been a 186 percent increase in the cost of textbooks over the past 20 years? The infographic reveals that students can save up to 80 percent of those costs by using open textbooks and points to different companies that are leading the way in providing open textbooks. Take a look at the numbers provided in the infographic below.