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Sunday, December 8, 2013

University libraries costs increase - Josh Logue, Diamondback



The price of academic texts is on the rise, but students aren’t the only ones struggling to keep up: University libraries officials said the cost of academic journal subscriptions has left them in a financial tight spot. The library’s total collections budget, almost $12 million, has stayed essentially flat for a decade, while the cost of journal and database subscriptions has increased by about 6.5 percent a year, well above the average inflation rate of about 2.4 percent. Since 2011, a $100 student fee has helped cover some of the costs, but library spokesman Eric Bartheld said it is becoming clear that the fee is not a sustainable solution. The publishing world has undergone significant change in the past few decades. Formerly independent and cheap subscriptions are now managed by a handful of publishers, driving up costs. And libraries across the nation have fallen out of favor with the rise of the Internet, resulting in less government support

http://www.diamondbackonline.com/news/campus/article_aa592d7c-571b-11e3-8bf8-0019bb30f31a.html

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