For higher ed, investing in OER pays eventual dividends - Ray Bendici, University Business

Achieving the Dream’s OER Degree Initiative increased the number of students enrolling in open education resources-based courses. Open education resources (OER) provide significant cost savings to low-income students and strengthen instruction and learning, according to a recent study from Achieving the Dream, a national nonprofit that supports evidence-based institutional improvement. The study also examined, for the first time, OER-related costs and revenue for an institution. Developing an OER course averages $11,700 (including faculty salary and benefits), while developing a full OER degree program costs nearly $500,000 per institution, found the study. https://www.universitybusiness.com/article/For-higher-ed-investing-oer-pays-eventual-dividends