Henry Farrell

Seven Rhode Island universities, including Brown and Rhode Island College, will move to open-license textbooks in a bid to save students $5 million over the next five years, the governor announced Tuesday (Sept. 27). The initiative is meant to put a dent in the exorbitant cost of college and, more specifically, college textbooks. Mark Perry, a professor of economics and finance at the University of Michigan Flint, and a writer at the American Enterprise Institute, estimated last year that college textbook prices rose 945% between 1978 and 2014, compared to an overall inflation rate of 262% and a 604% rise in the cost of medical care...

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