Evidence of OpenStax’ Disruptive Impact on Textbook Prices

Mark Perry of the American Enterprise Institute posits that the long-term trend of rapidly increasing textbook prices might have finally been disrupted by market competition, partly by new textbook alternatives like OpenStax.

His bottom line: “I think we can expect continued disruption in the college textbook market and a continued downward trend in college textbook prices as competitive forces and more alternatives continue to erode the power of traditional textbook publishers. The trend has been broken, and college students can expect lower and lower textbook prices in the future.”

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