Textbooks too often hinder rather than help students because of their prohibitively expensive prices. Colleges and universities facing intense pressure to lower education expenses while increasing access, retention, and achievement now find addressing the textbook problem more and more urgent. Used textbook sales have grown dramatically over the…

In this article, the author discusses three distinct challenges that demand solutions if traditional universities are to successfully confront the economic realities of distance learning: (1) Many traditional universities are not willing to draw useful lessons from the more advantageous financial and IT models of for-profit or other nontraditional…