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Evolving in Real Time: Why Flexible Lending Has Become a Strategic Imperative for Academic Libraries
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Posted On December 2, 2025
The following is a contributed NewsBreak from OverDrive’s Rachel Kray, senior manager of collection development for global libraries and education. She asserts, “With Baker & Taylor’s 2025 closure ahead and ProQuest’s move earlier this year toward flexible spending, academic libraries are entering a new era that demands adaptability in how they build and manage digital collections.”

As digital demands grow and budgets tighten, rigid lending models are no longer sustainable. Academic libraries are navigating the dual challenge of rising digital content needs and the pressure to make smarter, more strategic use of limited resources. A tech-savvy student body, hybrid classrooms, and faculty with diverse research priorities are reshaping expectations. In this environment, traditional one-size-fits-all lending models can’t keep up. Flexibility isn’t just an operational preference anymore—it’s a requirement for relevance, responsiveness, and long-term resilience.

Enter flexible lending: a dynamic, data-informed approach that helps libraries respond in real time to user needs, manage budgets more effectively, and ensure that digital collections stay relevant and accessible. Instead of being boxed into high-cost, long-term commitments with little room to adjust, libraries that adopt flexible models gain options—something that’s becoming increasingly critical as learning environments and research interests evolve.

From Static to Strategic: Why Flexibility Matters Now More Than Ever

Traditional digital content models tend to lock libraries into fixed costs and limited access. Whether it’s a single-user license with long hold queues or a costly perpetual license that may fall out of demand, these structures often lead to inefficiencies—overpaying for underused content, or worse, being unable to meet student and faculty needs in real time. This inflexibility can be particularly frustrating in academic settings, where timing matters. A required text delayed by a weeks-long hold can derail a student’s ability to participate in class. A researcher missing access to a key resource could lose valuable momentum. 

Flexible lending solves for these pain points. Models like cost-per-circ (CPC), metered access, and subscriptions empower libraries to tailor access based on real-time demand, course needs, or even seasonal patterns. Instead of paying up front for access that might not be used, libraries can adopt pay-as-you-go models that activate only when a user checks something out. For high-use scenarios—think required course reading or a universitywide book club—a concurrent or unlimited access license ensures that every user has immediate availability, all without busting the budget.

Real World, Real Impact: Stories From the Field

Consider a university library where a popular novel becomes required reading for an entire freshman seminar. Under a traditional model, the library might have to buy dozens of perpetual licenses to avoid delays for students. With a flexible lending model, that same library can adopt a subscription model for the semester. Every student gets access immediately, the license expires when the course ends, and the library hasn’t committed long-term budget to a title that may not be used again for years.

Or take an academic library during finals week, when demand for certain reference titles and study guides spikes. Rather than send students to the back of a digital queue, the library can temporarily expand access using CPC or metered access models, ensuring no one is left without the tools they need when they need them most. 

These stories aren’t hypothetical—they reflect a growing movement across academic institutions to rethink what “access” really means, especially in an age when digital access is often the primary (if not only) way students and faculty engage with library materials.

Flexible lending models also allow libraries to pivot quickly in times of crisis or change. During the early stages of the COVID-19 pandemic, for example, universities around the world had to shift rapidly to online learning. Libraries with rigid licensing agreements often struggled to provide remote access to required texts. Those with flexible lending options, however, were able to scale access up or down as needed—proving not just resourceful but resilient. 

The Toolkit: Lending Models That Put Libraries in Control

The beauty of flexible lending lies in its variety. Different models serve different needs—and academic libraries can use them in combination to meet the demands of their communities:

  • One Copy/One User—A straightforward ownership model, best for core texts that see consistent use over time. This model gives libraries permanent access, ensuring continuity for future semesters or long-term research.
  • Metered Access—Offers a set number of checkouts or a fixed time period, providing cost-effective access to titles that are popular now but may not be relevant later. Think: course packs, short-term assignments, or popular academic bestsellers.
  • Subscription—Allows unlimited users to access a resource at once, which is ideal for campuswide reading initiatives, book discussions, or when a professor wants to assign the same text across multiple sections.
  • Cost-Per-Circ—Pay only when a title is checked out. This is perfect for expanding collections without committing funds up front, which is especially useful for genres or subjects with unpredictable usage patterns.
  • Demand-Driven Acquisition/Patron-Driven Acquisition—Titles only enter the library’s collection when users attempt to access them, ensuring that every dollar goes toward something that has demonstrated value.

Used together, these models form a customizable strategy that gives libraries more control over both access and cost. They also allow experimentation—libraries can test what works best for their patrons and adjust as needed, rather than being stuck with underperforming licenses or outdated materials.

Data-Driven Decisions: The Key to Managing It All

With greater flexibility comes the need for smarter management. Monitoring usage patterns, circulation data, and hold queues becomes essential in maximizing the value of each lending model. But today’s digital platforms offer increasingly robust analytics tools that make this easier than ever. Libraries can track which titles are in high demand, see when spikes occur (like before midterms or thesis deadlines), and adapt their lending models accordingly. 

This approach also supports more accessible collection development. By analyzing data across different academic departments and demographic groups, libraries can ensure that underrepresented voices are reflected in the collection—and that content is accessible to every student, regardless of when or how they engage with the material.

Some institutions are even integrating predictive analytics to anticipate needs before they arise. By examining past patterns, libraries can proactively increase access to specific titles ahead of known busy periods or curricular changes, creating a user experience that feels personalized, responsive, and seamless. 

Budget Optimization Without Compromise

One of the biggest selling points of flexible lending is how well it supports financial sustainability. Budgets in higher education are tight and always under scrutiny. Every expenditure has to show value, and libraries are no exception. With flexible models, libraries can show exactly how dollars translate into user benefit: number of checkouts, number of students served, cost per use.

This kind of accountability helps library leadership justify funding and advocate for more resources. It also empowers libraries to respond to changing institutional priorities. Need to focus on specific content for a new initiative? Use CPC to quickly expand your collection without overspending. Want to make more leisure reading available to support student mental health? Use metered access or CPC to test demand first.

And because flexible lending scales with need, it helps libraries future-proof their collections. Rather than guessing what might be useful years from now, libraries can wait for real demand—and spend accordingly.

Expanding Access, Expanding Engagement: Meeting Students Where They Are

As learning formats continue to evolve, flexible lending models aren’t just about efficiency—they’re essential to staying relevant in an age where students are consuming content in radically different ways. Research and trends underscore this transformation: Students may be reading less in traditional formats, but they are far from disengaged. Audiobooks, ebooks, podcasts, and other interactive media are surging in popularity, with academic checkouts rising more than 35% across OverDrive’s partner institutions in just the last 2 years.

This signals an important shift in how libraries must think about content delivery. Flexible lending enables libraries to keep pace with changing preferences and proactively support deeper, more personalized learning experiences. For instance, offering subscription access to audiobook versions of core texts can empower students with different learning styles—including those with dyslexia or ADHD—to absorb material in a way that works for them. These formats don’t just enhance accessibility—they foster stronger engagement, comprehension, and emotional connection with the material.

In short, academic libraries are no longer just warehouses of books—they’re dynamic learning platforms. When flexible lending is paired with intentional investment in diverse media formats, libraries can become engines of innovation and inspiration. By listening to how students want to learn and responding with adaptable access models, institutions can create more immersive, effective, and empowering educational environments.

Looking Ahead: A More Responsive, Student-Centered Future

The future of academic libraries is increasingly digital, and increasingly centered around flexibility, responsiveness, and adaptability. Students want instant access, faculty members need dependable resources, and administrators demand cost-effectiveness. Flexible lending is the bridge that connects these expectations.

We’re also likely to see tighter integration with learning management systems meaning students can access required texts from their course dashboards—no extra steps, no sign-ins, just seamless delivery. This type of frictionless access is exactly what flexible models enable. As data tools get better, decision-making will also improve. Libraries will be able to forecast demand, identify underused content, and justify resource shifts more clearly than ever. And because flexible lending scales with need, libraries can stay agile—responding to changing curricula, new research interests, or even global events that suddenly shift academic focus. 

Conclusion: A Smarter Way Forward

In today’s educational landscape, digital access is no longer optional—it’s essential. But how libraries deliver that access makes all the difference. Flexible lending models offer a smarter, more sustainable path forward. They let libraries meet demand in the moment, make the most of every dollar, and build collections that truly reflect the needs of their users. 

Whether it’s expanding access during crunch time, supporting collaborative learning with concurrent licenses, or testing new areas of interest with CPC, flexible models give libraries the tools they need to thrive.

Ultimately, this shift isn’t just about logistics—it’s about philosophy. It’s about putting users first, embracing adaptability, and recognizing that a library’s power lies not just in what it owns, but in how it connects people with knowledge. Flexible lending is the engine that can drive that mission forward—and it’s time to invest in that future.


Rachel Kray is the senior manager of collection development for global libraries and education at OverDrive, the world’s leading digital content provider through Libby, Sora, and Kanopy.



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