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by EUROCARE
1426 days ago
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What do you mean, they're paid for by public money? I don't think that's true at all - at least in EU. Some of them get public donations (to support the independence of the authors, usually), and some of them are written by people paid by a university, but there's so much more completely independently funded textbooks... |
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> For the years ended March 31, 2020 and 2019, K-12 traditional print represented 59% ($353 million) and 63% ($357 million) of total K-12 revenue, respectively.
> In the K-12 market in the United States,...We sell our learning solutions directly to school districts across the United States.
This is less true at the university level, since students typically have to pay for their own textbooks, but scholarships, grants, and loans, and other public money sources that go to students are used to cover those costs.
Source: McGraw Hill's 2020 Annual Report https://www.annualreports.com/HostedData/AnnualReports/PDF/N...