An Anonymous Patron writes the dailyemerald.com has this story about the cutting of several subscriptions to save money.
“The University Libraries, which compose many libraries on campus, have issued a list of more than 300 periodical subscriptions that may be cut in an attempt to save the University $200,000.
The cuts will be made in May to allow time for faculty to review and comment on the reductions, which follow a major round of cancellations made last year. Beginning March 1, faculty will be able to examine the proposed cancellations.
The cuts come in the face of a stagnant library budget and increasing costs for periodical subscriptions.
‘When serials inflate at a rate of 8 to 10 percent a year, we need to cut back or it would eat our entire budget,’ Associate University Librarian for Collections and Access Mark Watson said. ‘It’s kind of a vicious cycle.'”
sadly typical
According to Google this is hardly an exceptional case — and some places even do this many every year…
“Price Increases Are Not the Problem” is also worth a read.