The cost of academic publishing | Open Access Working Group
UPDATE 28 April 2014: Imperial have released their subscription data - £1,340,213. This takes the Russell Group to a total of £15.7 million in subscription fees to Elsevier alone with data related to four universities still outstanding.
What could the UK academic community do with £14.5 million? That is the same as the yearly tuition fees for over 1600 undergraduates paying £9,000 fees.
And that is what just 19 Universities in the UK are spending in total during a single year on journal subscriptions to a single publisher.(...)
