The lawsuit was
filed Tuesday in federal court against the College Board
, which administers the tests, and seeks more than $500 million in monetary relief. The suit alleges a breach of contract, gross negligence, misrepresentation and violations of the Americans With Disabilities Act.
How much does CEO of College Board make?
Exorbitant Officer CompensationCEO Gaston Caperton is being compensated
$872,061 per year
. That is more than twice the President of the United States’s annual salary of $400,000. CollegeBoard’s 23 executives make an average of $355,271 per year. These salaries are far too high for a non-profit company.
Is CollegeBoard losing money?
But 2020 has been its undoing. Some are now questioning the SAT’s long-term survival. Forbes estimates that thwarted spring and fall test dates have kept more than 1.5 million students from taking the SAT, resulting in as much as
$200 million in lost revenue
for the College Board.
Why is the College Board hated?
Problem #1: The College Board is classified as a not-for-profit organization under the national tax code. The organization promotes this label, while
exploiting high schoolers’ anxiety about college admissions
. It makes $840 million per year.
What happened with College Board?
The College Board has received criticism for its high exam fees,
the sale of student data in 2019
, the recycling of past SAT Exams, reporting errors, and alleged monopolistic business practices. The company has also been accused of violating their non-profit status because of its high executive compensation.
What is wrong with the SAT?
Not only does the SAT
fail to measure aptitude or intellect
as it originally set out to, but it also ignores certain skills that students have that may have more of an impact on their overall ability to succeed in both life and in college.
Why the SAT is unfair?
The SAT and ACT theoretically provide an objective way to compare students from different high schools. However, the lawsuit argues that using the tests violates
the state’s anti-discrimination statute because it disadvantages children of color, children from low-income families and children with disabilities
.
Why does CollegeBoard make so much?
The College Board’s Revenue And Profits
Due to the College Board’s
monopoly in administering exams
, they generated over $1.1 billion of revenue in 2017 and generated over $1.2 billion in revenue in 2020. … The College Board is using monopoly profits to pay their executives excess wages.
What is Trevor Packers salary?
| Key Employees and Officers Compensation | THERESA SHAW (SENIOR VICE PRESIDENT AND CHIEF INFORMATION OFFICER) $529,021 | TREVOR PACKER (SVP, AP PROGRAMS) $526,359 | PETER SCHWARTZ (CHIEF RISK OFFICER & GENERAL COUNSEL) $507,607 | ROBERT GORDON (SENIOR VP, FINANCE & GLOBAL STRATEGY) $499,237 |
|---|
Does the College Board make money?
The
College Board is a non-profit
, but one with a yearly revenue of more than $750 million, according to the group’s most recent publicly available 990 form. … This is a sprawling non-profit deeply connected to higher education in the United States, with a budget that reflects that omnipresence.
Why is the SAT so expensive?
One reason wealthier students get higher SAT scores is
because they can afford to take the test several times
, which has been known to increase a students’ score. The cost to take the SAT during the 2018-2019 school year was about $47.50 for the basic test and $64.50 to take the test with the full essay section.
Are AP classes worth taking?
AP courses enable students to learn advanced skills while earning college credit. At the end of each course, students take an AP test. Students should balance taking AP classes with maintaining a manageable schedule. AP classes can be
well worth the time and investment for high school students
.
Is the College Board a monopoly?
According to the College Board’s own definition of a monopoly: “A monopoly is a market structure where one company or seller has complete control over the market, and has very limited to
no competition
, often resulting in high prices and low-quality products.” … This is the part that makes the College Board a monopoly.
Can you cheat on AP Exams?
While AP students will be taking the online exams at the same time, each question will be in a different order. This makes
cheating impossible
because every student will be on a different question and will not be able to change answers they previously picked.
Will College Board know if you cheat on AP Exams?
How the AP Exams are different this year. For just the Spring 2020 semester, The College Board AP Exams will be conducted online as 45-minute tests. … If students are caught cheating, though, The College Board has indicated that
their high school counselors and university admissions officers will be notified
.
How can college board detect cheating 2020?
College Board officials say they have developed a
wide range of exam security measures
to deter and detect cheating, including plagiarism detection software and post-administration analytics, according to the organization’s website.
