I spoke in another comment of ways that I think we can ease the pain of budget cuts. Another one that I have that pertains with this article is my dream of a non-profit student run textbook library.
With about 9000 resident and commuter students at USM, paying on average $900 per year on textbooks, that’s $8.1 million a year which goes mostly to publishers. The USM bookstore gets a chunk of that but not as much as publishers and shipping costs.
I propose that we open an open source digital textbook library. Students write the books as part of the course work, faculty edit the text for quality, and the next semester of students pay a small fee to acres the database of texts. This way, 100% of the money stays at USM, students have their work published into a useful tool instead of discarded into the recycling, and we all save big time because we cut the publishers and freight out of the equation.
We are a university of bright individuals, we have the human capital to pull this off. It’s a win for students who pay less, faculty could be financially rewarded also, administration gets to balance the books.
I want to hear what people think of this, prove me wrong if you can. Poke holes in my theory if you’re able.




