It’s been a tough few months in the spotlight for America’s elite universities. But while controversy around DEI policies and campus responses to the Israel-Hamas war have grabbed headlines, another challenge has gotten less attention: a class-action lawsuit alleging that 17 of the nation’s top universities created a “price-fixing cartel” that set finanphencial aid packages artificially low and gave preferential treatment to wealthy applicants.

Despite vehement denials, a growing number of schools have quietly settled. Several cut deals last year, and in late January, Yale, Duke, Brown and Columbia capitulated, agreeing to pay a total of $104.5 million. Nine more have yet to throw in the towel.

QOSHE - Could Elite Universities Earn PhDs in Price Fixing? - Stephen Mihm
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Could Elite Universities Earn PhDs in Price Fixing?

7 1
13.02.2024

It’s been a tough few months in the spotlight for America’s elite universities. But while controversy around DEI policies and campus responses to the Israel-Hamas war have grabbed........

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