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Managing the serials budget presents an ongoing challenge to librarians. Today, no other budget item is scrutinized as carefully as serials expenditures. Information carries an ever‐escalating price tag; the process of turning information into a published format is an expensive one. There are people costs, editing costs, printing costs, paper costs, binding costs, packaging costs and fulfillment costs. While our society recognizes access to information as a fundamental right of each individual, librarians today find themselves faced with the loaded problem of deciding what serial tides to cancel or what important new ones to simply not purchase.

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