1. The College Board

5 Business Management syndicates that require Big Money strategies to profit from involuntary, legally-mandated, schooling. 

1. The College Board. “The College Board is a mission-driven not-for-profit organization that connects students to college success and opportunity.” collegeboard.org 

Mission-driven. Mission: “An important assignment carried out for political, religious or commercial purposes.” Driven: Compulsive or urgent. Miriam Webster.

Not-for-Profit:  A nonprofit corporation is any legal entity which has been incorporated under the law of its jurisdiction for purposes other than making profits for its owners or shareholders. Depending on the laws of the jurisdiction, a nonprofit corporation may seek official recognition as such, and may be taxed differently from for-profit corporations, and treated differently in other ways.

  • College Board: 2017 $1 billion in profits; $1.2 billion 2020.

  • CEO David Coleman made $1.6 million in 2016;

  • 31 Executives earn $300,000 to $500,000 per year.

  • David Coleman, current president of the College Board, was the architect of the now defunct Common Core.

  • Gaston Caperton, former Governor of West Virginia; president of the College Board 1999-2012.

    • West Virginia ave teacher salary: $47,826; ranked #45 as one of the lowest paid for education, in the nation.


Organization. Antitrust laws protect “organizations”, but not monopolies. Monopolies are illegal.  A monopoly is defined as: a market with the "absence of competition."  SAT, PSAT, and AP

  • On May 16, 2020, a class-action lawsuit joined by FairTest was filed against the College Board based on alleged breaches of contract, gross negligence, misrepresentation, unjust enrichment, and violations of the Americans with Disabilities Act. An earlier lawsuit alleged that the company used "unfair and deceptive means" to sell student data.

  • “The increasing power of the College Board in determining the standard for academic success and college admissions raises the question as to whether or not we, as citizens, will allow a corporation to dictate higher education, synonymous for the future of our populace, in America.” Texas Orator

College Success. Success meaning- “a favorable or desired outcome.” “The good or bad outcome of an undertaking.” Miriam Webster. 

  • “Success” in Student Loan Debt: $1.58 trillion as of 2021.

  • Nearly one-third of all American students now have to go into debt to get through college, and the average student loan debt reached a record high of $38,792 in 2020.  Collectively, they owe about $1.58 trillion as of November 2021, according to the Federal Reserve Bank of New York.

  • Over the past three decades, the average cost to attend a public four-year institution is more than three times the cost to attend a public four-year institution, and it more than doubled at both private and public four-year schools, according to the College Board.

Opportunities- a favorable combination of circumstances. Webster example: “This school could be a wonderful opportunity for____”. 

  • The College Board also includes links on how college is still statistically encouraged for the “well-being of the next generation.” College pays. 

  • The SAT started in the 1930s as a scholarship test for Ivy League schools. Based off of an Army IQ test, it was meant to give more opportunities to those who came from more humble backgrounds to be noticed by more prestigious schools. Other universities followed suit.“Standardized testing may now be hurting rather than helping disenfranchised students.” PBS.

**Two additional points for consideration:

One-  Schools and individuals can become a member of the College Board for $400 a year if you agree to bylaws. Example: XXIII Seal of the Corporation subject A. "The seal of the College Board shall bear the name “College Board,” “1957” (the year of organization), and the words “Corporate Seal,” “Not-for-Profit,” and “New York;” collegeboardmembership.org.

Two- Bylaw XXIV. “The Bylaws of the College Board may be suspended at a duly called meeting of Members at which a quorum is present by unanimous consent of the Members in attendance.” Suspension of Bylaws included competing educational corporations.

  • There has only been one business suspended from the College Board (that I can find): Hanban, which is affiliated with the Chinese Ministry of Education; or the Confucius Institute program. Now changed to the Centre for Language Education and Cooperation. 

  • “The US State Department on August 13 designated the CIUS as a “foreign mission of the People’s Republic of China.” Although the designation doesn’t require CIUS to shut down its US mission or US institutes to close individual Confucius institutes, it does require more transparency.” CollegePost

  • Senator Blackburn’s public Tweet reveal that the “College Board was awarded an annual grant by Hanban from 2006 to 2020” got the attention from other Senators. The twitter exchange resulted in the College Board severance with Hanban.

Hanban ‘Mission Statement’: “Our goal is to continue to grow and to do it with quality, because our role is not only to teach the language, but also to offer services to the government, enterprises, to transmit our culture and to strengthen much more the relations with the rest of the world “ XU LIN.

Summary: Follow the money. Watch for educational competition in areas of Language, History and testing.