The 1,000 Dreams Fund is a non-profit organization with a mission of providing financial support to women attending college. Recently, the organization surveyed 1,092 young college females and males, some of which were recent college graduates about college cost expectations (Campus Technology).
The survey found that among those that did not complete college, finances were an issue, with 60% of Hispanic students who did not complete college, reporting financial limitations. Unexpected college costs were also more of an issue for females than males (Campus Technology).
The report concluded that the unexpected college costs which include textbooks, housing, food, school exams and fees, and moving expenses are more likely to keep first generation students, and females from participating in extracurricular college activities, and internships, both which are advantageous when recent college graduates enter the workforce (Campus Technology).
OER and other properly licensed free course materials can assist students especially those who are at risk of leaving college early to not only satisfactorily complete their goals but can also be beneficial in providing opportunities for these students to engage in campus extracurricular activities, internships, tutoring, and other student success behaviors outside of the classroom. This potential benefit of having faculty use OER is not often examined or taken into account when institutions consider saving students money on textbooks costs through openly licensed course materials. The findings from this 1,000 Dreams Fund survey can also be helpful when designing Zero Textbook Cost degree (ZTCD) pathways.