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August 16, 2010

Princeton Review Partners With AFL-CIO

The Princeton Review has launched a partnership with the AFL-CIO to give 13 million union members around the country an opportunity to take discounted test and college preparedness classes.

The Princeton Review announced the partnership with Union Privilege, the benefits division of the AFL-CIO, in June, and it officially launched the College Readiness Program today. Princeton Review, based in Shrewsbury, offers test preparation and college preparedness courses for college and graduate-degree programs.

Losses for The Princeton Review skyrocketed last quarter from $1.8 million to $13.2 million year-over-year after the company purchased another test prep company, Penn Foster, in December.

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