By Study International
Recently, US-based edtech company Cengage announced a new subscription service for college students to access more than 20,000 digital course materials. This includes eBooks, online homework and study guides, at just US$119.99 a semester or US$179.99 a year. Michael Hansen, CEO of Cengage, the US-based education and technology company providing the subscription, said: “For too long, our industry has contributed to the lack of affordable access to higher learning. Despite years of student and faculty complaints, the industry continued to push an outdated, traditional business model that didn’t put students first.” Hansen describes the college textbook business model as “outdated” and he’s not the only one.
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