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Affordable College Textbook Act
12/29/2022, 9:48 PM
Summary of Bill HR 7040
The Affordable College Textbook Act, also known as Bill 117 hr 7040, is a piece of legislation introduced in the US Congress with the aim of reducing the cost of college textbooks for students. The bill seeks to achieve this by promoting the use of open educational resources (OER) in place of traditional textbooks.
Under the Affordable College Textbook Act, the Department of Education would establish a grant program to support the creation and adoption of OER in higher education. These resources would be freely available to students, reducing the financial burden of purchasing expensive textbooks.
Additionally, the bill would require publishers who receive federal funding for textbooks to disclose the cost of production, marketing, and distribution of their materials. This transparency is intended to hold publishers accountable for the high prices of textbooks and encourage them to lower costs. Overall, the Affordable College Textbook Act aims to make higher education more affordable for students by promoting the use of open educational resources and increasing transparency in textbook pricing. This legislation has the potential to benefit students across the country by reducing the financial barriers to obtaining a college education.
Under the Affordable College Textbook Act, the Department of Education would establish a grant program to support the creation and adoption of OER in higher education. These resources would be freely available to students, reducing the financial burden of purchasing expensive textbooks.
Additionally, the bill would require publishers who receive federal funding for textbooks to disclose the cost of production, marketing, and distribution of their materials. This transparency is intended to hold publishers accountable for the high prices of textbooks and encourage them to lower costs. Overall, the Affordable College Textbook Act aims to make higher education more affordable for students by promoting the use of open educational resources and increasing transparency in textbook pricing. This legislation has the potential to benefit students across the country by reducing the financial barriers to obtaining a college education.
Congressional Summary of HR 7040
Affordable College Textbook Act
This bill directs the Department of Education to make grants to institutions of higher education or states to support projects that expand the use of open textbooks in order to achieve savings for students while maintaining or improving instruction and student learning outcomes. An open textbook is an educational resource that either resides in the public domain or has been released under an intellectual license that permits its free use, reuse, modification, and sharing with others.
Read the Full Bill
Current Status of Bill HR 7040
Bill HR 7040 is currently in the status of Bill Introduced since March 9, 2022. Bill HR 7040 was introduced during Congress 117 and was introduced to the House on March 9, 2022. Bill HR 7040's most recent activity was Referred to the House Committee on Education and Labor. as of March 9, 2022
Bipartisan Support of Bill HR 7040
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
6Democrat Cosponsors
6Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 7040
Primary Policy Focus
EducationAlternate Title(s) of Bill HR 7040
Affordable College Textbook Act
Affordable College Textbook Act
To expand the use of open textbooks in order to achieve savings for students and improve textbook price information.
Comments
Sponsors and Cosponsors of HR 7040
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