Hello,
Our college is trying to put a plan in place to identify how much money our students have saved by taking classes that use OER textbooks. Would love to know what other institutions are doing to track cost savings and come up with their numbers.
I also had some specific questions:
1) When calculating cost savings to students, do you ONLY include OER, or do you also include classes that may use low- or no-cost textbook alternatives?
2) Do you account for ROI…time/money spent internally to educate faculty, assist faculty, grants, etc.?
3) What is the time frame you use to track (savings from one year to another, or across years?)
Thanks in advance!
Page J. Wolf, Ph.D.
Faculty Development Chair
Teaching, Learning, and Educational Technology Center
College of Lake County
19351 W. Washington St.
Grayslake, IL 60030
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![]() | Lisa C. Young, Ph.D. Faculty Director, Center for Teaching and Learning, Scottsdale Community College p:4804236222 | e:lisa....@scottsdalecc.edu | w:http://www.scottsdalecc.edu/ | a:9000 E. Chaparral Rd. Scottsdale, AZ 85256 |
Page:
1.We just classify both Z courses (no costs for instructional materials) and OERs together. OERs are included in the overall Z course count. Then we multiply students in every section by $100
2. No, too many factors to compute here – travel, lights, computers, grants, instructional design support, numerous other factors in the overall Open Pedagogy scheme.
3. Semester to semester as of now. Eventually, we will probably compare spring of one year with spring of the former year, etc.
Thanks.
Buddy Muse, Montgomery College
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Yes, very helpful, thanks! This helps simplify some things, as we were thinking of somehow trying to identify actual textbook costs for each of the sections we are offering as OER.
-Page
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Lisa C. Young, Ph.D. p:4804236222 | e:lisa....@scottsdalecc.edu | w:http://www.scottsdalecc.edu/ | a:9000 E. Chaparral Rd. Scottsdale, AZ 85256 |
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Thanks, Buddy! Sounds very similar to what Maricopa does. Our vice-president was the one asking about ROI (mainly because if we present to the board of trustees, they would most likely want to know), but it does make sense not to worry about it in the overall projected cost savings to students.
-Page
We also received an ATD grant this past year for OERs. In addition to that we were awarded a place in the research component of the project. One of the pieces of this research is to investigate the sources of ROI. I’m not sure who will be able to see the results of this research. If there is any way I can share the results I will.
Thanks.
Buddy
Hello:
At Broward College we use the average figure of $1,234 that is nationally reported for textbook costs for a full-time student, which breaks down to $124 per class (for a new textbook). We conservatively use $100 (which matches what Buddy reported for Montgomery) and our average class size of 24 for each OER/no-cost section to calculate the total savings.
Regards,
David.
——————————
David Shulman, Ph.D., Campus President
Broward College Online –
Florida’s Global Campus
& the Willis Holcombe Center
BC STEM (Science, Technology, Engineering, Math)
225 E. Las Olas Boulevard
Ft. Lauderdale, FL 33301
Phone: 954-201-7933
Fax: 954-201-7937
Web: online.broward.edu
From: cccoer-...@googlegroups.com [mailto:cccoer-...@googlegroups.com]
On Behalf Of Wolf, Page
Sent: Thursday, April 20, 2017 2:20 PM
To: cccoer-...@googlegroups.com
Subject: How do you calculate OER cost savings?
Hello,
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Hello:
At Broward College we use the average figure of $1,234 that is nationally reported for textbook costs for a full-time student, which breaks down to $124 per class (for a new textbook). We conservatively use $100 (which matches what Buddy reported for Montgomery) and our average class size of 24 for each OER/no-cost section to calculate the total savings.
Regards,
David.
——————————
David Shulman, Ph.D., Campus President
Broward College Online –Florida’s Global Campus
& the Willis Holcombe Center
BC STEM (Science, Technology, Engineering, Math)
225 E. Las Olas Boulevard
Ft. Lauderdale, FL 33301
Phone: 954-201-7933
Fax: 954-201-7937
Web: Web: online.broward.edu
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