The Princeton Review

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The Princeton Review (TPR) is a for-profit American educational preparation company. It offers test preparation for standardized aptitude tests such as the SAT and advice regarding college admissions. Approximately 70% of the company's revenue comes from test preparation. [1]

The company was founded in 1981 by John Katzman, after graduating from Princeton University, and is based in New York City. It is not affiliated with Princeton University or the Educational Testing Service.

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[edit] Test preparation

The Princeton Review offers test preparation courses in various tests:[2][3]

The company offers courses world-wide through company-owned and third-party franchises. Countries with Princeton Review franchises include China, India, Israel, Japan, Korea, Malaysia, Mexico, Pakistan, Singapore, Syria, Thailand, Turkey, and the United Arab Emirates.[4]

The Princeton Review offers both private tutoring and classroom courses. SAT courses guarantee an improvement in scores.[5]

[edit] College admissions

The Princeton Review Bookstore[6] publishes various guides to colleges, including The Best 366 Colleges, the Complete Book of Colleges, and the Parents' Guide to College Life. It also publishes test preparation books for various exams.

The Princeton Review website provides free advice and tools for college admissions.[7] It also provides the rankings from The Best 366 Colleges, including "Top 20" lists in categories such as "Professors Get High Marks", "Happiest Students", and "Dorms Like Dungeons".[8]

The admissions division also offers services to high school guidance departments[9] and colleges[10].

[edit] K–12

The Princeton Review's K–12 and Admissions Services division provides assessment, intervention and professional development programs to school districts.[11]

[edit] Recent Internal Criticism

The company has recently come under fire for its decision in early 2008 to reduce hourly wages and monetary compensation for its teachers to such a degree that many tenured employees experienced up to a 40% pay reduction for in-classroom duties. The company explained to those affected that "some of the current policies, while generous, were not sustainable. These changes were not made lightly, but before we can fix the Princeton Review house, we must fix the foundation." This reformulation of pay practices ostensibly contravenes what employees were told in early 2007 -- that teachers have always been the company's most important asset and that monetary compensation must properly reflect this belief. Proper compensation, many teachers have recently argued, is rhetoric at first blush noble but ultimately vacuous, as the company shows little remorse or restraint in redefining this term in whatever way necessary to appease shareholders. Because these recent compensation changes have most adversely affected those with the greatest teaching experience, some argue the company is transitioning to a more replicable product and away from intangibles such as great teachers that have historically differentiated its test preparation from that of oft-criticized companies such as Kaplan.

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[edit] External links

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