EXHIBIT 21

SUBSIDIARIES OF THE COMPANY

	Jurisdiction	% of
	of	Voting
	Incorporation	Stock
	or	Owned
Name of Subsidiary	Organization	by Company
Bowater 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	% of
	of	Voting
	Incorporation	Stock
	or	Owned
Name of Subsidiary	Organization	by Company
Kaplan 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	%

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SUBSIDIARIES OF THE COMPANY
(Continued)

	Jurisdiction	% of
	of	Voting
	Incorporation	Stock
	or	Owned
Name of Subsidiary	Organization	by Company
Thompson 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	%

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SUBSIDIARIES OF THE COMPANY
(Continued)

	Jurisdiction	% of
	of	Voting
	Incorporation	Stock
	or	Owned
Name of Subsidiary	Organization	by Company
Newsweek, 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.

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