California Gov. Gavin Newsom's May revised budget includes investments in zero-textbook degrees and open educational resources, along with other major spending for higher education IT.

StuDocu, a platform where users upload their notes and study guides, raised $50 million in its latest round of funding from the venture capital firm Partech.

Market competition, the growth of open educational resources and a demand for interactive online tools is finally driving down textbook prices.

Commentary: Twelve states are participating in a pilot project that aims to inform educators across the country of the best resources.

The era of traditional textbooks and their high costs is coming to a close, says OpenStax' David Harris.

The new report, published by EDUCAUSE, comes after its parent company, the New Media Consortium, went bankrupt last year.