CourseSmart, the digital publishing company founded by higher education publishers, today announced options to make renting and purchasing educational materials more flexible. Previously, the company only allowed customers to rent e-textbooks for 180 days -- a window that is now being expanded to half a dozen options ranging from a 60-day rental to purchasing the book outright. CourseSmart also introduced Subscription Packs, which allow students to fill six slots in a "digital bookshelf" for a flat fee of $200.
"There’s a lot that’s to be said about how digital can save students money," CourseSmart CEO Sean Devine said. "Instead of going out and spending hundreds of dollars on textbooks ..., you can come to one place."
CourseSmart is also working with its publishing partners to add more interactive elements, like embedded videos and multiple choice tests, to its e-textbooks, Devine said.
"One of the criticisms of e-textbooks to date has been that they don’t add a lot of value -- except perhaps saving students money," Devine said. "There’s a fair amount of convergence going on beween what was previously a flat textbook and the more interactive, digital products. It’s our belief that digital products in the future will look more like this."