Harvard: Journals Too Expensive, Switch To Open Access - Slashdot

“"Harvard recently sent a memo to faculty saying, 'We write to communicate an untenable situation facing the Harvard Library. Many large journal publishers have made the scholarly communication environment fiscally unsustainable and academically restrictive. This situation is exacerbated by efforts of certain publishers (called "providers") to acquire, bundle, and increase the pricing on journals.' The memo goes on to describe the situation in more detail and suggests options to faculty and students for the future that includes submitting articles to open-access journals. If Harvard paves the way with this, how long until other academic bodies follow suit and cut off companies such as Elsevier?"