College Board to Set Up Commercial Web Site for Students

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The College Board, which sponsors the SAT, is going to start a for-profit Internet subsidiary designed to compete with on-line offerings of test-preparation companies like Princeton Review and Kaplan Educational Centers. Trustees of the 100-year-old, non-profit group voted unanimously last month to create the venture.

"We want to be sure we're the No. 1 company on the Web for college-bound