Corridor Business Journal: Iowa City-based ACT has acquired American College Application Campaign, a national initiative that seeks to increase the number of students from low-income families and first-generation college students who pursue a postsecondary degree. The acquisition from the American Council on Education was announced by the organizations on Wednesday. Following the transfer, ACAC will be overseen and expanded by ACT’s Center for Equity in Learning, which has supported the ACAC program for several years.