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ACT Standardized Tests Moved Into A For-Profit Company

After years of losses, the nonprofit ACT is moving the test into a for-profit corporation that will be majority owned by Nexus Capital Management. The price and availability of the standardized test will not change, ACT leaders say. ....

United States , Iowa City , Janet Godwin , Brown University , Dartmouth College , Savvas Learning Company , Yale University , Educational Testing Service , Iowa City Based , Nexus Capital Management , Los Angeles Based , Capital Management , Test Optional , College Admissions , Public Benefit Corporation , Standardized Tests , For Profit ,