How MIT copes without Elsevier
MIT leaders describe their experience of not renewing the largest journal contract as “overwhelmingly positive”.
“For MIT to continue to pay millions of dollars to corporations that lock up the scholarship that comes out of our own campus was just inconsistent with MIT’s history of supporting open education and research,” said Chris Bourg, Director of Libraries at MIT.
...MIT Libraries estimates annual savings at more than 80%....
https://sparcopen.org/our-work/big-deal-knowledge-base/unbundling-profiles/mit-libraries/