What is the effect of the rapid growth of the test preparation industry in the US?


Rich Karlgaard (Author & Publisher at Forbes Magazine)

Rich Karlgaard points to the development of the one billion dollar industry of tutoring and test preparation for standardized tests as an example of how individuals are “gaming the system”. According to Karlgaard, anything that can be measured can be gamed. He discusses the current scandal involving wealthy parents who used bribery and fraud to get their children into top universities.


About Author

Rich Karlgaard

Author & Publisher at Forbes Magazine

Rich Karlgaard, author of Late Bloomers: The Power of Patience in a World Obsessed with Early Achievement, is the publisher of Forbes magazine and is based in Silicon Valley. He is a lecturer, pilot, and the author of four acclaimed previous books. A self-proclaimed late bloomer, he had a mediocre academic career at Stanford (which he got into by a fluke), and after graduating, until age 26, worked as a dishwasher, night watchman, and typing temp before finally finding the intersection of his talents and drive that ultimately led him to his current career trajectory.

Interviewed By

Vaishali Jain

Vaishali Jain

Sarder TV Journalist, and Former Bloomberg TV Journalist

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