Open Educational Resources: Bursting the $8 Billion Bubble

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Open Educational Resources: Bursting the $8 Billion Bubble

In the United States today, the PreK-12 marketplace for digital education materials like content and software is estimated at approximately $8 billion, and growing. In this article, education policy associate Lindsey Tepe describes the real possibility that this "bubble" may burst. Her theory relies on the increasing presence of Open Educational Resources which are provided online for free to the public. Until now, OERs have remained under the radar, but  a new initiative representing a huge opportunity to meet the growing demand for online materials may finally drive OER into the forefront of the public conversation on education. The K-12 OER Collaborative—a new nonprofit led by a group of 11 states—announced this week it will “sponsor development of comprehensive, high-quality, standards-aligned [resources for] K-12 mathematics and English language arts.” If this initiative is successful it has the potential to reduce costs and increase equity of access to online educational resources. Click here to read Tepe's article in full.