Harvard Can No Longer Afford Academic Journal Subscriptions - 3.75 Million USD Yearly

[sharon sanders]

I believe that Harvard may have one of the largest endowments of all universities in the world. So if Harvard can not afford academic journal subscriptions, then....who can?


Faculty Advisory Council Memorandum on Journal Pricing

Major Periodical Subscriptions Cannot Be Sustained

To: Faculty Members in all Schools, Faculties, and Units
From: The Faculty Advisory Council
Date: April 17, 2012
RE: Periodical Subscriptions

We write to communicate an untenable situation facing the Harvard Library. Many large journal publishers have made the scholarly communication environment fiscally unsustainable and academically restrictive. This situation is exacerbated by efforts of certain publishers (called ?providers?) to acquire, bundle, and increase the pricing on journals.

more.....

http://isites.harvard.edu/icb/icb.do?keyword=k77982&tabgroupid=icb.tabgroup143448

 

[Laidback Al]

Re: Harvard Can No Longer Afford Academic Journal Subscriptions - 3.75 Million USD Yearly

This is another reason for public support of Open Access journals and information.

see: Discussion - Should US taxpayer-funded research be open access (FRPAA 2012)?