##### 



EXHIBIT 21 SUBSIDIARIES OF THE COMPANY Jurisdiction
        
        % ofof
        
        VotingIncorporation
        
        Stockor
        
        OwnedName of Subsidiary
        
        Organization****
        
        by CompanyBowater Mersey Paper
            Company Limited
        
        Nova Scotia
        
        
        49
        %BRLLC Holdings, Inc.
        
        Delaware
        
        
        100
        %Cable One, Inc.
        
        Delaware
        
        
        100
        %Capitol Fiber, Inc.
        
        Maryland
        
        
        80
        %The Daily Herald
            Company
        
        Washington
        
        
        100
        %Express Publications
            Company, LCC
        
        Delaware
        
        
        100
        %Greater Washington
            Publishing, Inc.
        
        Delaware
        
        
        100
        %Kaplan, Inc.
        
        Delaware
        
        
        100
        %Accountancy &
            Business College Holdings Limited
        
        Ireland
        
        
        100
        %(a)Accountancy &
            Business College (Ireland) Limited
        
        Ireland
        
        
        100
        %Accountancy &
            Business College (Software) Limited
        
        Ireland
        
        
        100
        %DBS Training Limited
        
        Ireland
        
        
        100
        %DBS Recruitment Limited
        
        Ireland
        
        
        100
        %LSB College Limited
        
        Ireland
        
        
        100
        %Buccleuch Estates
            Limited
        
        Ireland
        
        
        100
        %Newhall Printing
            Co. Limited
        
        Ireland
        
        
        100
        %The Dublin Business
            College Limited
        
        Ireland
        
        
        100
        %The Dublin Business
            School Limited
        
        Ireland
        
        
        100
        %American Educational
            Resources, Inc.
        
        Massachusetts
        
        
        100
        %Coxcourt Limited
        
        Ireland
        
        
        100
        %Dearborn Publishing
            Group, Inc.
        
        Delaware
        
        
        100
        %Dearborn Financial
            Institute, Inc.
        
        Illinois
        
        
        100
        %Anthony Schools Corporation
        
        California
        
        
        100
        %Leonards Training
            Programs, Inc.
        
        Texas
        
        
        100
        %Prosource Educational
            Service, Inc.
        
        Minnesota
        
        
        100
        %Dearborn Financial
            Publishing, Inc.
        
        Illinois
        
        
        100
        %Kaplan (Canada) Ltd.
        
        Ontario
        
        
        100
        %




---



##### 



SUBSIDIARIES OF THE COMPANY(Continued)

Jurisdiction
        
        % ofof
        
        VotingIncorporation
        
        Stockor
        
        OwnedName of Subsidiary
        
        Organization
        
        by CompanyKaplan Educational
            Services de Mexico, S. de R.L. de C.V.
        
        Mexico
        
        
        99
        %Kaplan Higher Education
            Corporation
        
        Delaware
        
        
        100
        %Andon Colleges, Inc.
        
        California
        
        
        100
        %DEST Education Corporation
        
        California
        
        
        100
        %California Academy
            of Merchandising, Art & Design, Inc.
        
        Delaware
        
        
        100
        %CHI Acquisition Corp.
        
        Delaware
        
        
        100
        %Computer Hardware Service Company,
            Inc.
        
        Pennsylvania
        
        
        100
        %Denver Acquisition
            Corp.
        
        Delaware
        
        
        100
        %Educational Ventures
            (Texas), Inc.
        
        Delaware
        
        
        100
        %Texas Educational
            Ventures, LLP
        
        Texas
        
        
        1
        %(b)HBC Acquisition Corp.
        
        Delaware
        
        
        100
        %Heritage-KHEC, Inc.
        
        Nevada
        
        
        100
        %ICM Acquisition Corp.
        
        Delaware
        
        
        100
        %Iowa College Acquisition
            Corp.
        
        Delaware
        
        
        100
        %MTSX Acquisition
            Corp.
        
        Delaware
        
        
        100
        %Maric Learning Systems
        
        California
        
        
        100
        %New Hamsphire Acquisition
            Corp.
        
        Delaware
        
        
        100
        %Hesser, Inc.
        
        New Hampshire
        
        
        100
        %OIOPT Acquisition
            Corp.
        
        Delaware
        
        
        100
        %Palo Vista College of Nursing
            & Allied Health Sciences, Inc.
        
        California
        
        
        100
        %Quest Ventures, LLC
        
        Delaware
        
        
        100
        %Texas Educational
            Ventures, LLP
        
        Texas
        
        
        99
        %(c)RETS Acquisition
            Corp.
        
        Massachusetts
        
        
        100
        %SACMD Acquisition
            Corp.
        
        Delaware
        
        
        100
        %Sawyer-KHEC, Inc.
        
        Indiana
        
        
        100
        %Scottsdale Educational Center
            for Allied Health Careers, Incorporated
        
        Arizona
        
        
        100
        %Tesst-Kap, LLC
        
        Delaware
        
        
        100
        %
 2




---



##### 



SUBSIDIARIES OF THE COMPANY(Continued)

Jurisdiction
        
        % ofof
        
        VotingIncorporation
        
        Stockor
        
        OwnedName of Subsidiary
        
        Organization
        
        by CompanyThompson Education,
          LLC
      
      Delaware
      
      
      100
      %
      
      Kaplan International,
            Inc.
        
        Delaware
        
        
        100
        %Kaplan Mexico Holdings,
            LLC
        
        Delaware
        
        
        100
        %Kaplan Educational
            Services de Mexico, S. de R.L. de C.V.
        
        Mexico
        
        
        1
        %Kaplan (PR) Inc.
        
        Puerto Rico
        
        
        100
        %Kaplan Test Prep
            International, Inc.
        
        California
        
        
        100
        %Kaplan U.K. Limited
        
        England & Wales
        
        
        100
        %FTC Holdings Limited
        
        England & Wales
        
        
        100
        %The Financial Training
            Company Limited
        
        England & Wales
        
        
        100
        %Accountancy &
            Financial Publishing Limited
        
        England & Wales
        
        
        50
        %Accountancy &
            Management Training Limited
        
        England & Wales
        
        
        100
        %Accountancy Tuition
            Centre (Eastern) Limited
        
        England & Wales
        
        
        100
        %Accountancy Tutors
            Limited
        
        England & Wales
        
        
        100
        %AT Foulks Lynch
            Limited
        
        England & Wales
        
        
        100
        %ATC (North West)
            Limited
        
        England & Wales
        
        
        100
        %Business
            Training for Accountants Limited
        
        England
            & Wales
        
        
        100
        %Financial Training
            (City Courses) Ltd.
        
        England & Wales
        
        
        100
        %Financial
            Training Company (Mauritius) Limited
        
        Mauritius
        
        
        50
        %The Financial Training
            Company (Singapore) Pte Limited
        
        Singapore
        
        
        100
        %Portman
            College Limited
        
        England
            & Wales
        
        
        100
        %Score! Learning,
            Inc.
        
        Delaware
        
        
        100
        %eScore.com,
            Inc.
        
        Delaware
        
        
        100
        %Score! Educational
            Centers, Inc.
        
        California
        
        
        100
        %Self Test Software,
            Inc.
        
        Georgia
        
        
        100
        %Los Angeles Times-Washington
            Post News Service, Inc.
        
        D.C.
        
        
        50
        %Newsprint, Inc.
        
        Virginia
        
        
        100
        %
 3




---



##### 



SUBSIDIARIES OF THE COMPANY(Continued)

Jurisdiction
        
        % ofof
        
        VotingIncorporation
        
        Stockor
        
        OwnedName of Subsidiary
        
        Organization
        
        by CompanyNewsweek, Inc.
        
        New York
        
        
        100
        %Newsweek Budget Travel,
            Inc.
        
        Delaware
        
        
        100
        %Newsweek Productions,
            Inc.
        
        Delaware
        
        
        100
        %Newsweek Services,
            Inc.
        
        Delaware
        
        
        100
        %Newsweek Services
            (Canada), Inc.
        
        Delaware
        
        
        100
        %Post-Newsweek Media,
            Inc.
        
        Maryland
        
        
        100
        %Post-Newsweek Stations,
            Inc.
        
        Delaware
        
        
        100
        %Post-Newsweek Stations,
            Florida, Inc.
        
        Florida
        
        
        100
        %Post-Newsweek Stations,
            Houston GP, Inc.
        
        Delaware
        
        
        100
        %Post-Newsweek Stations,
            Houston, LP
        
        Delaware
        
        
        1
        %(b)Post-Newsweek Stations,
            Houston Holdings
            (Limited), Inc.
        
        Delaware
        
        
        100
        %Post-Newsweek Stations,
            Houston, LP
        
        Delaware
        
        
        99
        %(c)Post-Newsweek Stations,
            Michigan, Inc.
        
        Delaware
        
        
        100
        %Post-Newsweek Stations,
            Orlando, Inc.
        
        Delaware
        
        
        100
        %Post-Newsweek Stations,
            San Antonio GP, Inc.
        
        Delaware
        
        
        100
        %Post-Newsweek Stations,
            San Antonio, LP
        
        Delaware
        
        
        1
        %(b)Post-Newsweek Stations, San Antonio
            Holdings (Limited), Inc.
        
        Delaware
        
        
        100
        %Post-Newsweek Stations,
            San Antonio, LP
        
        Delaware
        
        
        99
        %(c)Robinson Terminal
            Warehouse Corporation
        
        Delaware
        
        
        100
        %Washingtonpost.Newsweek
            Interactive Company, LLC
        
        Delaware
        
        
        100
        %WP Company LLC
        
        Delaware
        
        
        100
        %
   (a)
      
      Coxcourt Limited also owns voting stock in Accountancy & Business
        College Holdings Limited. The combined stock ownership of Kaplan, Inc.
        and Coxcourt Limited in Accounting & Business College Holdings Limited
        is 100%.(b)
      
      General partnership interest.(c)
      
      Limited partnership interest. As permitted by Item 601(b)(21) of Regulation S-K, the foregoing list
omits certain subsidiaries which, if considered in the aggregate as a single
subsidiary, would not constitute a significant subsidiary as that term is
defined in Rule 1-02(w) of Regulation S-X. 4