United States State of College Course Materials Market Report 2022-2024 Featuring Pearson, Cengage, McGraw Hill, Wiley, Chegg

DUBLIN, April 21, 2023 /PRNewswire/ -- The "The State of College Course Materials in the United States 2022-2024" report has been added to  ResearchAndMarkets.com's offering.

The State of College Course Materials 2022-2024 report has found that college course materials will decrease 3.5% to $3.1 billion in 2022, reversing the previous year's one year period of positive results. The author also expects that sales of course materials will continue a slow decline by slightly over 2.0% over the next couple of years.

In addition to analyzing the market size and segments for the college course materials industry, The State of College Course Materials 2022-2024 provides details on a wide range of other issues, trends, and forces impacting the market.

These include types of institutions where students are enrolling:

• The growth of distance education
• Federal and state policy and funding developments
• Print vs. digital growth in instructional materials
• The rise of subscription and inclusive access plans
• New technology trends
• Company mergers & acquisitions and operating performance of key companies such as Pearson; Cengage, McGraw Hill; Wiley, Chegg and others
• The growth in workforce education and the state and growth of Open Education Resources (OER).

Key Findings

• Among the key findings highlighted in the report are:
• How falling enrollment, which has dropped 1.6% from 2022 to 2021 is negatively impacting the instructional materials industry
• The increase in the number of faculty using Open Education Resources, which has grown 7% from the year before to a total of 40%.
• How digital materials are still growing, but at slower rate
• The impact of the increased activity in workforce education on the industry

Key Topics Covered:

1. Methodology

2. Executive Summary

3. Introduction

• Table | The Marist Mindset List for the Class of 2025

4. Market Size & Enrollment

• Institution Types and Numbers
• Table | Number of U.S. Degree-Granting Postsecondary Institutions, 2020-2021 v. 2019-2020
• Public vs. Private
• For-Profit Private Institutions Outnumber Nonprofit Schools
• Institutions with First-Year Undergraduates
• Table | Degree-Granting Institutions with First-Year Undergraduates, 2019-2020 vs. 2010-2011 vs. 2000-2001
• Institutional Closure and Consolidation
• Where Students Are Enrolled
• Table | Total Fall Enrollment in Degree-Granting Postsecondary Institutions, 2000, 2010, 2020
• Two-Year Enrollments Down, Four-Year Enrollments Up
• Fall 2021 and 2022 Undergraduate Enrollments Continue the Pattern of Decline
• Table | U.S. Undergraduate Enrollment Percentage Changes by Sector, Fall 2020-Fall 2022
• Shifting Market for For-Profit Institutions
• Table | Career College Enrollment Index
• The Appeal of Distance Education
• Table | Undergraduate Enrollment in Distance Education Courses, Fall 2020 v. Fall 2019
• Table | Post-Secondary Enrollment in Distance Education, by Type of Institution, Fall 2020
• Degrees by the Numbers
• Table | Certificate/Associate/Bachelor's Degrees Awarded, 2019-2020 vs. 2009-2010
• Fields of Study
• Table | Fields with Largest Number of Bachelor's Degrees Awarded in 2019-2020 and % Change from 2010-2011

5. Policy & Funding

• Introduction
• Costs of Attending College in 2022-2023
• Table | Undergraduate Tuition and Fees, 2022-2023 vs 2021-2022
• Federal Funding for Higher Education
• Table | Selected Higher Education Programs in President Biden's Department of Education Budget Request; FY20
• Highlights of Proposed Postsecondary Education Funding
• Federal Pandemic Stimulus Funding Continues to Have an Impact
• Education Department News in 2022
• Taking a Look at Student Loans and Financial Aid
• Student Loan Forgiveness Faces Legal Challenges
• Seeking Out Violations and Fraud in the World of Student Aid
• Addressing Financial Aid Confusion
• State Support for Higher Education
• Table | State Fiscal Support for Higher Education, FY2022 vs. FY2021 ($ in 000; ranked by % change)
• Workforce Development
• Table | Apprenticeship Building America Grants, 2022
• Department of Labor Announces Pre-Apprenticeship Program

6. Course Materials

• Introduction
• Long-Term Decline in Course Materials Spend Continues
• Table | Select Findings from 2021-2022 Student Watch
• Digital Usage
• Print Makes a Comeback with Teachers Post-Pandemic
• Survey Shows Satisfaction with Digital Materials
• Inclusive Access Programs on the Rise
• Direct-to-Student Subscription Programs Expand
• Looking to New Technology
• Segmenting Industry Sales
• Table | Sales by Segment of Key College Course Materials 2022 ($ in 000,000)
• Table | Changes in Digital Higher Education Revenue Share at Three Publishers, Full Years 2019-2021
• Operating Performance of Providers and Distributers
• Table | Leading Publicly Traded Higher Education Publishers by Higher Education Revenue,
• Pearson Launches Pearson+ DTC Subscription
• Cengage Integrates Businesses, Drives Further Digital Transformation
• McGraw Hill Changes Hands, Continues Digital Transformation
• Wiley's Education Publishing Finally on the Rise
• Chegg's Textbook and E-Textbook Revenue Declines
• Digital DSS, First Day Businesses Fuel Barnes & Noble
• Open Educational Resources
• Federal Government Gets Behind OER
• California Prioritizes OER for Community Colleges
• OpenStax Expands Implementation, Gains Federal Funding
• Course Hero, Lumen Pair to Expand Access to OER
• Institutions Encourage Adoption, Creation, and Use of OER
• Table | Putting OER to Work, 2022

7. Trends and Industry Adaptations

• Introduction
• Mergers and Acquisitions in 2021
• Table | Higher Education Merger & Acquisition Index, 2021
• M&A Market Cools a Bit in 2022
• Table | Higher Education Merger & Acquisition Index, 2022
• Continued Focus on Workforce Education
• M&A Activity Targets Workforce Readiness

8. Conclusions & Outlook

• Introduction
• Table | Selected Higher Education Revenue Changes for Instructional Resources Providers, First Nine Months 
• Negative Headwinds Continue
• Enrollment
• Workforce Education Competes with Academic Fields of Study
• Rising Costs Add to Student Pressures
• Spend on Instructional Materials Still Declining
• Traditional Colleges & Universities Adapting to New Realities
• Outlook for College Course Materials
• Table | Sales by Segment of Key College Course Materials, 2022-2024P ($ in 000,000)

For more information about this report visit https://www.researchandmarkets.com/r/yawyh1

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