As a stakeholder in the education world for over 15 years, WebAssign is well aware of the heightened interest in more affordable textbooks, and we hope to become part of the solution to support low-cost options. To support this effort, we have partnered with OpenStax, a company that offers free, open-source textbooks. OpenStax is currently primarily funded through philanthropy, but plans to become self-sustaining by partnering with web-based educational companies like WebAssign to develop supplemental content that students could purchase with a support fee being paid back to the open education mission. Through this strategy, OpenStax hopes to deliver high quality education solutions that will ultimately save students an estimated $20-$30 million over the next several years.
Read the full article in Time Business to learn more about the open-source textbook revolution.