January 14, 2022

CULTURE OF CORRUPTION: Students file ‘price-fixing cartel’ financial aid lawsuit against 16 prestigious universities.

A lawsuit on behalf of “five former students” is taking aim at more than a dozen elite colleges and universities, accusing the institutions of collaborating to violate antitrust laws, as well as unfairly limiting financial aid awards for students.

The Ivy League schools mentioned are Yale University, Brown University, Columbia University, Cornell University, Dartmouth College, and University of Pennsylvania.

Other notable schools involved include Georgetown University, Northwestern University, the California Institute of Technology, the University of Chicago, Duke University, Emory University, the Massachusetts Institute of Technology, the University of Notre Dame, Rice University, and Vanderbilt University.

I remember my antitrust professor, Ralph Winter, noting that universities think the laws don’t apply to them because they’re special.

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