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Publishing giant McGraw-Hill has announced that it will sell its education division to private equity firm Apollo Global Management for $2.5 billion. The news comes months after the publishing company said it would split its education and financial services units. Read more »

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PaperC financing

German startup PaperC adds a twist to the idea of academic textbooks by letting people purchase a single chapter — or even just a page. Now, in order to raise funding it’s not going a traditional route: it’s holding a public auction. Read more »

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Higher education costs have skyrocketed by over 430 percent since the 1980s. Now two startups aim to make college courses more affordable. Coursera offers free online courses from universities like Stanford and Princeton. And a new tool from Akademos helps professors find less expensive — or free — textbooks for their courses. Read more at paidContent »

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Chegg, a Santa Clara, Calif.–based startup that made its name in textbook rentals, has made its first piece of software that it says will aid the transition to digital learning for students by offering e-textbooks that act an awful lot like physical textbooks. Read more »

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Apple is holding an event in New York next week, in which the company is planning to make “an education announcement.” Many are connecting the event with comments Steve Jobs made to his biographer and expecting Apple to announce a digital textbook initiative through the iBookstore. Read more »

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Apple will be holding a press event in New York City this month, according to invitations sent Wednesday. The invitation has few details, but says the topic will be “an education announcement.” The event will take place at the Guggenheim Museum. Read more »

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This week Inkling debuted the 2.0 version of its software, which makes interactive and digital versions of college textbooks for the iPad. So GigaOM headed over to Inkling’s San Francisco headquarters to get an in-person demo from founder and CEO Matt MacInnis. Read more »

textbooks

It’s no secret that most college students aren’t crazy about textbooks. But will moving required reading materials to an e-book format really change all that? Recent market research indicates that it just might — and that college students are demanding to go digital more than ever before. Read more »

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Apple has started making the iPad available on its online education store in packs of 10 with an appallingly–stingy discount of only $20 per iPad. If Apple wants to start a computing revolution with the iPad, it absolutely must get the device into schools. But in […] Read more »

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The cat is only just out of the bag, and still there are iPad-related websites, accessories, and apps being promoted across the web. Some were clearly just waiting to create something for whatever Apple released, and some appear to have been potentially been in on the […] Read more »