It's officially been four years since COVID-19 upended our lives and changed some key guidelines, one of them being the option to skip out on standardized testing.

But earlier this year, three Ivy League schools reversed that option and started requiring incoming students to provide their SAT and ACT scores, causing parents to book tutors for their teenagers at up to $500 an hour.

For more on this, KCBS Radio news anchor Holly Quan spoke to Bloomberg's Nacha Cattan in today's Tech and Business Report.