Platinum Equity announced an agreement this week to buy the company from Apollo Global Management, in a deal valued at about $4.5 billion, including debt, reports the Wall Street Journal. The acquisition comes about a year after McGraw Hill terminated its efforts … Continue reading
https://www.edsurge.com/news/2019-08-15-advocacy-group-to-doj-cengage-mcgraw-hill-merger-could-create-a-platform-monopoly-in-education An open-access advocacy group on Wednesday sent a formal filing to the U.S. Department of Justice opposing the proposed merger of two of the world’s largest textbook publishers, Cengage and McGraw-Hill Education. a former adjunct professor at Arizona State University accused the university … Continue reading
https://www.edsurge.com/news/2019-10-24-how-a-university-took-on-the-textbook-industry Some economists say OpenStax and other OER producers helped to halt the decades-long rise of textbook prices, which, along with other supplies, now set the average undergraduate back between $1,200 and $1,440 each school year, according to the College Board. Feeling squeezed, … Continue reading
More College Students Are Downloading Course Materials for Free—Or Skipping Them Entirely Rebecca Koenig Jul 25, 2019 https://www.edsurge.com/news/2019-07-25-more-college-students-are-downloading-course-materials-for-free-or-skipping-them-entirely a big increase since the fall of 2015, when only 3 percent of students reported downloading free course materials. That figure includes … Continue reading