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At the Twenty Million Minds Foundation our mission is to grow access and success by eliminating unnecessary hurdles to affordability in higher education.
Three years ago, we set out to positively disrupt a system that hadn't seen significant evolution for decades, a system that had yet to fully leverage the efficiency, interactivity, or scalability of the digital age.
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We support open educational resources that free students and faculty from excessive textbook costs. |
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We believe the future is digital and leverage Web 2.0 technologies to provide students and faculty with interactive, intelligent, and immersive learning environments. |
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We support the academic freedom of faculty and believe in empowering them to control their content. |
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We engage leading edge technology partners to elevate the functionality and quality of open educational resources. |
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We support initiatives that accommodate and advance the use of affordable learning materials. |
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The increasingly detrimental cost of educational content must be addressed.
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One in four students fails to complete postsecondary education; and among those students, 60% cite the cost of “textbooks and fees beyond tuition” as a factor in their decision to withdraw. |
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Between 1986 and 2004 textbook prices rose 186% in the United States, double the rate of inflation. |
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Five conglomerates control 80% of textbook production in the U.S. |
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It is so bad that at community colleges, textbooks comprise up to 75% of the total cost of school for students. |
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Increases in textbook prices have significantly outpaced median household income, making it more likely that some students will forgo or delay attending college. |
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