"The decision to cancel the revised GRE General Test best serves the interests of test takers and the graduate institutions that use those scores to make admissions decisions," says David Payne, Executive Director of the GRE Program at ETS. "After much debate and evaluation, it became clear that the current format offers students more convenient and flexible opportunities to test when and where they choose, while still providing score users with valid predictors of test takers' preparedness for graduate school study."
With all the speculations and ETS canceling further registrations for the exam , on 2nd April ETS and the other GRE committee decided not to scrap away the old format. According to the reports, they found the old format to be more convenient for the users. Also in terms of students it was more Student Friendly than the new format which was supposed to be implemented.
This would definitely be a relief for the students who have been preparing for the same for the last 1 year and who were planning to take up date later this year.
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