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From the Association of Research Libraries website
Open Access publishing was developed in response to the high cost of journal subscription costs and the demand for access to research results in scientific fields. For more information about Open Access, check out our Open Access library guide that includes our campuses Open Access Scholarship and Creative Works Repository Policy.
Untenured faculty who publish in open access journals should consider: you may have to pay large fees to publish your articles and the open access journal may not be considered as prestigious in your department or field.