Open textbooks are textbooks that have been funded, published, and licensed to be freely used, adapted, and distributed. - Open Textbook Library
Like traditional textbooks, open textbooks are written by experts in the field and undergo a process of peer review and professional editing and development. Unlike the traditional publishing model, publishers and authors of open textbooks are paid for their labor upfront by the funding organization or grant, instead of relying on sales to pay back their investments.
Open textbook publishing model by David Ernst is licensed under CC BY 4.0.
In a 2016 study of Trends in Higher Education, The College Board found that undergraduate students often pay upwards of $1,200 a year for textbooks and supplies. The cost of textbooks influences student success and retention.
Students who participated in the 2012 Florida Student Textbook Survey responded at least once over the course of their academic careers, the cost of required textbooks caused them to:
Open textbooks...
Adapted from: UMW libraries OER Guide