Terry Williams borrowed about $7,000 to earn a degree from Spelman College 38 years ago. For her youngest child, a sophomore at Belmont University in Nashville, she will take on almost $40,000 in parental loans.
The president of the College Board, the nonprofit owner of the SAT entrance exam, has seen his compensation triple since 1999 and now gets more than the head of the American Red Cross, which has more than five times the revenue.
U.S. Representatives Ed Markey and Joe Barton asked the College Board, owner of the SAT college entrance exam, to explain how it collects and stores data from students as the government seeks to bolster teen privacy laws.
New York University pulled out of the National Merit scholarships, becoming at least the ninth school to stop funding one of the largest U.S. merit-based aid programs, because it doesn’t want to reward students based on a standardized test.
The College Board, owner of the SAT entrance exam, and rival ACT Inc. should consider deleting student data after a period of time to help protect the privacy of teenagers, U.S. Representative Ed Markey said.