With textbook prices rising year after year, a merger of this magnitude could spell disaster for students. According to the Bureau of Labor Statistics, textbook prices increased 88 percent between 2006 and 2016. Given the growing monopolization of the textbook market, alternative modes of access such as open educational resources (OER) are becoming an urgent priority for schools and students across the country. That’s why the Michelson 20MM Foundation supports OER and urges others in philanthropy to do the same.

Read Ryan Erickson-Kulas’s latest piece for Philanthropy News Digest!