In spite of competition from the ACT, CB has still managed to monopolize almost the entire pre-college testing scene. They control all of the APs, a decent chunk of admissions tests, and tons of other things (think PSAT/NMSQT). They, quite literally, extort money from children who have no other option to pay them or risk lowering their chances of getting into a competitive college/university. That’s all fairly well known, however, but I’d like to see the exact scope of CB’s reach in the economic sense. Is CB bigger today than things like Standard Oil or US Steel? It definitely feels like CB has less competition
As much as I like to be open to conspiracy theories, this seems really far-fetched. Now if the College Board were to be owned by the government, you might be on to something.
You could do some basic research and find out that you are very off base on scale.
College Board Revenues - $1.16 Billion
Standard Oil Revenues (inflation adjusted) - > $1 Trillion
No.
It’s probably stretching to call the College Board a monopoly when in six of the last seven years, their flagship product has been less popular than the ACT.