Introduction
The College Board faces a critical trade-off between increasing AP exam fees to fund new resources and maintaining affordability for students. This scenario involves balancing the need for enhanced educational tools with the imperative of keeping advanced placement opportunities accessible to a diverse student population. I'll analyze this trade-off by examining key stakeholders, potential impacts, and metrics, then propose an experiment to inform our decision-making process.
I'll start by asking clarifying questions, then identify the trade-off type, analyze the product, and develop a hypothesis. From there, I'll define key metrics, design an experiment, plan data analysis, create a decision framework, and finally provide a recommendation with next steps.
Step 1
Clarifying Questions (3 minutes)
Why it matters: Helps understand the urgency and scale of the problem Expected answer: Slight decline in registration, some concerns about affordability Impact on approach: Would influence the pricing strategy and resource allocation
Why it matters: Determines the flexibility we have in pricing decisions Expected answer: Significant but not sole source of revenue Impact on approach: Would affect the balance between increasing fees and maintaining affordability
Why it matters: Ensures we consider equity and access in our decision Expected answer: Lower participation in lower-income areas Impact on approach: Might lead to a tiered pricing model or increased financial aid
Why it matters: Determines the feasibility and timeline of implementing new resources Expected answer: Moderate capability, some upgrades needed Impact on approach: Could influence the phasing of fee increases and resource rollout
Why it matters: Helps assess the realistic scope of new offerings Expected answer: Limited in-house capacity, potential for partnerships Impact on approach: Might suggest a gradual approach to resource development and fee increases
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