Evolving Models for Digital Educational Resources “e-texts” Brad Wheeler Vice President for IT & CIO Indiana University © 2010 The Trustees of Indiana University Cost Concerns In-state Tuition IUB Books and % Of Supplies (IU Est.) Tuition $9,028 $812 9% $6,434 $672 10.4% 2010-11 IUPUI 2010-11 http://admit.indiana.edu/cost/tuition.shtml 20 Large Courses - Cost of a Textbook 2009 - Biology, Business, Chemistry, English, Folklore, Geology, Linguistics, Mathematics, Psychology, Statistics, and Sociology Used Book at IU Bookstore 74% of new list price Used Book at Online Retailer 64% of new list price Sell Back Success? 25%-33% Students YES 40% net cost One semester of access 67%-75% Students NO 65% net cost The World is Changing Yielding New Channels for Textbook Content and pricing • Multimedia • Social Annotation • Simulations • Tutorials http://www.theonlinemom.com/images/eReaderMotange.jpgtange.jpg http://en.wikipedia.org/wiki/File:Ibm_pc_5150.jpg http://t2.gstatic.com/images?q=tbn:ZVsmpPZtuOYMdM:http://goodereader.com/images/ereaders.jpg http://images1.everyjoe.com/files/2009/10/bn_nook1.jpg IU Bookstore Employment Law for Human Resource Practice | (Edition 3) 978-0324594850 Chegg Rental (B&N not offered/access for Semester) $60 IU Bookstore eText (2 devices/access for 180 days) $106 Courseload eText (Unlimited devices/access while IU Student) Amazon.com Addall.com (broad search) 28 Oct 2010 $70 (35% list) IU Plans/E-text Pilot Objectives 1. Drive down cost of materials for students 2. for the high quality materials of choice while 3. enabling new tools for teaching and learning 4. and shaping the terms of sustainable models that work for students, faculty, authors…etc. Achieving the Objectives 1. Open Courseware (Free) – Open Courseware Consortium, Connexions…etc. High quality content, seamless remix, free to students and faculty 2. B2C: Business to Consumer Model (Retail) – Barnes & Noble, Amazon, Apple, CourseSmart…etc. Big businesses selling to individual consumers 3. B2B: Business to Business Model (Wholesale) – CourseLoad, FlatWorldKnowledge, etc. Big businesses negotiating with big universities The ‘Move the Tollbooth’ Model • • • • • • • REQUIRED eText fee in lieu of textbook buy Cost is (currently) 35% of list price Bound, delivered, print on demand +$20-$35 Integration with Oncourse in a course Social annotation tool and offline access IU students get continuing access to e-texts Lower carbon footprint 2009-2011 Pilot Program • Pilot Program - Partnership with CourseLoad, LLC – Focused on widely used textbooks (Biology, Business, English, Folklore, Mathematics, Chemistry, Linguistics) – Full PDF and in Oncourse (via CLIP) with $20 option to print – eTexts Fee ($0 to students for pilot) • Like a course/lab fee • 100% sell through = dramatic drop in price from publishers • 30-35% of list price fee for every student in a course section – Major concessions in Digital Rights Management, unlimited printing, and continued access during degree – 73% of students said they would choose an e-text over a traditional textbook IU Spring 2011 Courses Course Title of Book(s) List Price Amazon (New) Best Online Price (New) Average Net Cost* (Amazon) Courseload (35% of List) PSY P155 Psychology: The Science of Mind and Behavior (4th) $173 $116 $65 $67 $54 MATH M371 Numerical Analysis (2006) $132 $100 $100 $58 $46 HIST J301 The World: A History, Volume 1 (2nd); Heritage of World Civilizations, Volume 1 (8th); Traditions and Encounters, Volume 1 (2010) $110 $110 $112 $84 $110 $92 $84 $88 $87 $48 $64 $53 $39 $39 $39 $332 (Total) $286 (Total) $259 (Total) $165 (Total) $117 (Total) Media Selling: Television, Print, Internet, Radio (2009) $63 $50 $40 $29 $22 BUS S307 Data Management (2 sections) $173 $133 $116 $77 $61 BUS P431 Supply Chain Management: Logistics and Distribution $222 $140 $109 $81 $64 TEL T343 Evolving Models for Digital Educational Resources “e-texts” Brad Wheeler Vice President for IT & CIO Indiana University http://etexts.iu.edu