Schools have been ditching print textbooks in favor of digital ones, yet digital textbook companies are struggling to stay alive. The problem is that districts and state legislatures have been slow to approve the transition to digital texts, providing too few clients for digital providers to stay afloat.
Digital textbook companies Kno and Inkling are among those on a downward trend, according to Education News. Kno, which started out with a bang, accumulated $100 million in venture capital and debt before it was sold in 2013. Inkling is also closing its textbook branch and has laid off 25 percent of its employees.
There are also "success stories," the article mentions. Mooresville, NC, successfully incorporated "digital conversion" into its classrooms. In 2006, its graduation rate was only 64 percent, and now, because of digital technology, the rate has risen to 86 percent.
Read the full story.
Article by Kassondra Granata, EducationWorld Contributor
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