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"In that model, the institution negotiates a deep discount off the list price of the textbook in order to have access to an e-text edition. In return for the discount, the university guarantees that every single student in the course will buy the e-text, which is charged like a lab fee. This is a definite change from the current textbook model, in which each student is personally responsible for showing up to class armed with the textbook, either in printed or digital form."

The Bill & Melinda Gates Foundation is stepping up its investment in innovative delivery models in higher education, announcing $9-million in grants today to support a range of new approaches. Among the awards is the foundation's first contribution to so-called MOOC's, or Massive Open Online Courses, where professors let anyone online take their courses, sometimes attracting tens of thousands of learners. Specifically, the Gates Foundation is giving $1-million to the Massachusetts Institute of Technology for its MITx project, which offers such open courses.

"We told the publishers, 'We'll go to the agency model, where you set the price, and we get our 30%, and yes, the customer pays a little more, but that's what you want anyway,'" Mr. Jobs was quoted as saying by his biographer, Walter Isaacson. The publishers were then able to impose the same model across the industry, Mr. Jobs told Mr. Isaacson. "They went to Amazon and said, 'You're going to sign an agency contract or we're not going to give you the books,' " Mr. Jobs said. The Justice Department believes that Apple and the publishers acted in concert to raise prices across the industry, and is prepared to sue them for violating federal antitrust laws, the people familiar with the matter said.

if FWK (or other organizations) can find sustainability while distributing free digital textbooks, the textbook market could be dramatically altered. Because it is so hard to compete with "free," textbook prices would likely come down and eventually become only a small part of the cost of higher education. The potential for the disruption of the textbook publishing industry, as well as the potential savings to students, is enormous if one or more organizations can create a sustainable business model. Whether this can be done remains to be seen.

In 2009, JISC Collections commenced a new study to explore in more detail the e-textbook landscape in the UK and to work collaboratively with publishers and libraries to identify and pilot four potential e-textbook business models. The results and reports of this study are available to all. In addition to the reports, there are a number of case studies available from the university libraries that participated in the e-textbook trials which make excellent reading.

"the best chance to make an immediate and meaningful impact on the price of textbooks is to facilitate the merging of traditional and free content, allowing instructors to include exactly what is necessary, and freeing students from the rigid and expensive traditional offerings from academic publishers. In this model, "book" costs are lowered regardless of output format. If we are cognizant of ways of merging different types of content in order to get the biggest academic bang for the buck, we must also be mindful of methods to access this content; to break it apart, to "disaggregate" it from the traditional bounds of textbooks and to present it to students in an effective manner."

Warning: This is a vendor perspective...

The majority of students in the Udacity and Coursera courses analyzed were professionals in the software industry - hardly the target audience for those seeking a change in how we educate postsecondary students. The current MOOCs provide a nice proof-of-concept, but hardly solve significant educational problems.

"In that model, the institution negotiates a deep discount off the list price of the textbook in order to have access to an e-text edition. In return for the discount, the university guarantees that every single student in the course will buy the e-text, which is charged like a lab fee."

In this session, we'll briefly describe Indiana University's e-text agreements with five publishers and with Courseload, the provider of the e-text e-reader software. These agreements are resulting in substantial cost savings for students and providing them with new tools for teaching and learning. The IU agreements evolved from two years of pilot testing and in response to substantial input from students, faculty, textbook publishers, and authors. We will also discuss how these agreements can be extended to other institutions through short- and long-term pilot programs, which will allow them to gather valuable data about student and faculty use of e-texts.

Disrupting Ourselves, The Problem of Learning in Higher Education

Great article by Randy Bass. There is a reference to the eportfolio model that C2L is starting to create. He also aligns eportfolios and PLE's. [E-portfolios, or Personal Learning Environments (PLEs), or whatever they are named-as something that enables students to weave these connections back and forth across the formal and experiential curricula-will be an essential element of our response to this disruptive moment. Randy also mentions the emerging discussions about learning analytics.

Coursera's leaders say they are actively pursuing only two of the moneymaking ideas on the list: charging students who pass the courses a small fee for a certificate, and serving as a matchmaker between students looking for jobs and companies seeking qualified employees.