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Can a For-Profit, Venture-Backed Company Keep OER Free—and Be Financially Sustainable?

Edsurge

From 2006 to 2016, the cost of textbooks increased by 88 percent, more than than nearly any other college student expense—including tuition and fees (63 percent) or on-campus housing (51 percent)—according to the Bureau of Labor Statistics. But some providers of OER still ask for fees in return, and that has advocates concerned.

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Heard, Overheard and Announced at ISTE 2016

Edsurge

It brings together K-12 educators, companies, reporters, university professors, and students to talk about product announcements, implementation strategies and edtech trends. Matty Fox (@what2foxsay) June 28, 2016. The ISTE conference isn’t the biggest edtech conference in the world by sheer luck. Full EdSurge coverage on Google here.)

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Wiley to Acquire Knewton’s Assets, Marking an End to an Expensive Startup Journey

Edsurge

In the second eye-raising deal for the higher-ed publishing industry in as many weeks, Wiley, a major textbook publisher, has agreed to acquire the assets of Knewton, a provider of digital courseware and adaptive-learning technologies. The New York City-based company has raised more than $180 million in investment capital.

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Pearson, an Investor in Knewton, Is ‘Phasing Out’ Partnership on Adaptive Products

Edsurge

Throughout the past decade, Knewton ’s adaptive learning technology has been backed by some of the biggest names in the both the publishing and venture capital community. Pearson will no longer use Knewton’s adaptive learning engine for some of its digital offerings. content providers.

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Michelson Runway Announces 5 Higher-Ed Startups in Inaugural Cohort

Edsurge

Michelson Runway , a San Francisco-based accelerator, announced the handful of companies that will be in its inaugural cohort. Around 200 companies applied for the five spots in the 2016 cohort. Michelson Runway has invested a total of $225,000 in the companies, with each receiving a minimum of $25,000 and some getting more.

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Cash Awards Honor Faculty and Institutions for Innovative Use of Digital Tools

Edsurge

So he struck up a partnership with Cengage Learning, a Boston-based education technology and information company. 2016 Institutional Awards. For boosting student retention and success and reducing costs by embracing online OER textbooks Northern Arizona University. 2016 Faculty-Led Team Awards. Apply here.

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Education Technology and the Power of Platforms

Hack Education

At the time, I wrote about the importance of APIs; the issues surrounding data security and privacy; the appeal of platforms for users and businesses; and the education and tech companies who were well-positioned (or at least wanting) to become education platforms. The company has raised some $77.5