Educational Testing Service (ETS) is exploring a sale or strategic investor for two flagship exams—the GRE and TOEFL—as demand declines and new competitors reshape testing markets. ETS is seeking roughly $500 million for the pair amid falling GRE takers and rising alternatives such as Duolingo for English assessment. Separately, testing experts warn that the broader move to online high‑stakes tests is creating vulnerabilities: tutors and overseas vendors are selling test questions and tools that can bypass protections for the SAT’s online delivery. Proctors and assessment officials say the shift to remote formats has exposed new avenues for misconduct and increased the need for technical safeguards. For graduate admissions and international student recruitment, these developments could accelerate the shift toward test‑optional policies and alternative credentialing—pressuring admissions offices, testing providers, and pathways for nonnative English speakers.