Michelson 20MM Foundation

Michelson 20MM Foundation Finally, founded in 2010, The Michelson 20MM Foundation has been catalytic in increasing access, affordability, and efficacy in higher education through the use of innovative technologies and new educational models. It’s $1.5 million grant to Openstax College in 2010 provided for the creation of the first high quality, digital, fully downloadable and interactive college level textbooks available to students at zero cost. With research showing over two-thirds of college students opting out of buying textbooks, and of those students, 94 percent say they suffer academically, addressing the broken textbook market has been of critical importance to the Michelson 20MM Foundation. The Openstax College textbooks correspond to more than 50% of the courses required at the community college level for the first two years of a four-year program. The initiative’s first 7 textbooks adopted for use in nearly 900 courses at community colleges, four-year colleges, universities, and high schools have saved students more that $13 million. Openstax plans to expand its library to 21 titles by 2017.