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Saturday, 29th January 2011

Academic Libraries: "Scholarly Journals Cost Library"

From The State News (Michigan St. University):

Although the MSU library budget increased about 32 percent since the 2000-01 academic year, the cost of scholarly publications is rising at far higher rates, said Steven Sowards, associate director of collections of the Main Library.

“For as long as I’ve been a librarian — which has been more than 20 years — the price of journals (and) the overall expenditure for journals has been going up faster than (the budget),” he said. “It’s been a challenge.”

More than half of the library materials budget is spent buying subscriptions for scholarly publications, Sowards said.

“We spend about $7 million (to) $8 million a year on these subscriptions,” he said

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