And on the topic of "gaming" the system for academic dollars I think there is much to be gained by preparing well for the SAT exams.
This may or may not be good advice, depending on which schools a student applies to. A lot of schools these days are requiring the ACT, and a lot of schools accept either ACT or SAT results. The tests can be fairly different, and students with different strengths may do much better on one than on the other.
The SAT is a scholastic aptitude test. It tends to measure a student's raw intelligence rather than their educational achievements. The ACT is closer to an achievement test. Raw intelligence helps, but this test is more sensitive and a better indicator of how hard a student has worked over the years in middle school and high school.
The ACT also has a science portion; whereas, the SAT does not. It does not measure knowledge of scientific facts so much, but rather application of reasoning within the context of the scientific method. A science curriculum that emphasizes labs and evidence and reasoning behind testing hypotheses will better prepare students for the science portion of the ACT than a curriculum that emphasizes fact memorization and problem solving procedures (as Chemistry and Physics.)
If a schools accepts either the SAT or the ACT, I recommend the SAT for students with very high IQs but who have Aced most of their classes without working very hard. I recommend the ACT for students with IQs under 130 but who read a lot and have excellent work habits. I also recommend knowing which tests are accepted by the pool of schools to which a student anticipates applying.
The ACT has various test prep materials, also. These are a poor substitute for working hard through middle school and high school, but they will be beneficial for students who are not good test takers. Students who are good test takers will have very little benefit.
On the whole, parents who ensure their children complete their homework every day are doing much more to ensure college success of their children than parents who arrange for special preparation for the SAT or ACT and parents who pay thousands for tennis lessons over many years.
Many parents wrongly assume that getting into a "good" college and getting it paid for are keys to success. I've seen too many students flunk out of college to labor under that misconception. I would recommend most parents and students aim for more affordable schools and emphasize the real keys to college success:
1. Do all the assigned homework. Spend time on each subject every day.
2. Avoid the destructive behaviors that derail college careers: booze, drugs, internet porn, and gaming.