Turns out, College Board is big. Real big. $1.1 billion as of 2017 big. The not-for-profit had nearly $140 million leftover after expenses that year, aka profits, that it made ostensibly just from being one of the primary gatekeepers to higher education.

And they paid out nearly $7 million to the executives who came up with the genius plan as well, including nearly $1.5 to the CEO alone.

Source: BLOG: Why is getting into college a billion dollar industry? | Blogs | poststar.com