The Profits Made from High Stakes Testing!

"NCLB testing is estimated to cost between $1.9 billion and $5.3 billion over a six-year period from 2002 to 2008, depending on what type of testing states settle on...In 2003 Eduventures estimated that spending on testing and test prep would rise from $1.81 billion in 2003 to $2.29 billion in 2006. If one extends the projection to cover the same six-year period as they GAO's study, then states will spend $5.4 billion for testing and test prep between 2002 and 2008. (The extrapolation is reasonable because Eduventuures' projections are linear.)"

Link: http://www.diatribune.com/bush-profiteers-collect-billions-nclb-part9

Test publishers Profits Increase from 2001-2006:

McGraw-Hill

2001: $274 million

2006: $329 million

% Increase: 20.4%

Link: http://www.mcgraw-hillcom/about/annual_report/ar2006.pdf

Pearson

2001: 432 million pound loss

2006: 469 million pounds gained

% Increase: 210.0%

Link: http:http:www.pearson.com/index.cfm?pageid=58

ETS

2001: $4.2 million

2006: $7.6 million

% Increase: 71.9%

Link: http://www.guidestar.org/pqShowGsReport.do?finald-101949244&101949244&npoId-556362&gotoNext=/reports/partners/guidestar/showFinancials.jsp