3 Questions on Academic Library Budgets for an Assessment and Planning Librarian
Confessions of a Community College Dean
JANUARY 31, 2023
A: Doctoral-granting university libraries in ACRL spend about 37 percent of their budgets on salaries, 13 percent on fringe benefits, 40 percent on materials and 11 percent on operations. For-profit scholarly publishing has one of the highest profit margins of any industry. In 2015, they would make up only 2 percent.
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