Serials Crisis


Author: Thomas Bremer

Journal proliferation and relentless inflation have created a nationwide "serials crisis" for academic libraries.  During the past decade, journal inflation rates have ranged from 10 to more than 20 percent per year.  Because of unfavorable exchange rates, periodicals published overseas have inflated at even higher rates.  Factors publishers often cite for increasing subscription costs are: additional pages published, increased paper and postage costs, inflation, value of the dollar for foreign titles, and the need for publishers to make up revenue lost from a large number of cancellations.  Contrary to conventional wisdom, academic library budgets nationally have increased less rapidly than other university expenditures.  United States Department of Education figures show that budgets of libraries have declined through the 1980s to the point they have lost almost all the ground gained in the preceding 20 years.

NDSU Libraries has not been immune to these inflationary pressures.   Although for several years the Libraries' budget kept pace with inflation, static materials' budgets during the past years have forced the problem to a critical stage.  To keep serials expenses within its allotted budget, the Libraries initiated three major serials cancellation projects.

Current Inflation Projections

Options for dealing with serials inflation

Resources 

  • To combat the high cost of journals, several universities are developing their own depositories to store faculty research.  These depositories are available on the Internet and freely accessible.  Some universities are also banning together to provide joint depositories of research.  Here are some sites that are beginning to provide research:

Further Readings