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In 2016, Kaplan partnered with ACT, the ACT college admissions test maker, to make low-cost, online test prep free for low-income students. [ 24 ] In 2017, Purdue University announced the acquisition of Kaplan University , [ 25 ] and the sale was completed in 2018.
Revolution Prep, based in Santa Monica, California, began in 2002 after founders Ramit Varma and Jake Neuberg met at UCLA's Anderson School of Business.After years of teaching for Kaplan and The Princeton Review, Neuberg and Varma started a company with the goal of improving traditional educational tools and creating new and innovative solutions to academic problems.
Kaplan University (KU) was a private online for-profit university owned by Kaplan, Inc., a subsidiary of Graham Holdings Company. It was predominantly a distance learning institution, maintaining 14 ground locations across the United States. The university was named in honor of Stanley H. Kaplan, [3] who founded Kaplan Test Prep. [4]
Grockit prepared students for the SAT, ACT, GMAT, LSAT and GRE standardized exams. [1] Students took practice tests while collaborating online with other users. [2] Grockit was founded in 2006 by Farbood Nivi, [citation needed] and in 2013 was acquired by Kaplan, Inc. [3] As of September 2016, the company ceased stand-alone operations. [4]
The ACT (/ eɪ s iː t iː /; originally an abbreviation of American College Testing) [10] is a standardized test used for college admissions in the United States. It is administered by ACT, Inc., a for-profit organization of the same name. [10] The ACT test covers four academic skill areas: English, mathematics, reading, and scientific ...
At the time of Stanley Kaplan's death in 2009, the Kaplan Co. brought in two-thirds of its annual revenue from other educational services besides SAT prep, such as pre-kindergarten and even accredited law programs. [3] In 2008, Kaplan Co.'s revenue was $2.3 billion, from an estimated one million students who enrolled in its courses that year. [3]
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