Lawsuit Brings Potential Admissions Price Fixing Practices To Light

In a recent article by The Wall Street Journal it seems that a number of prestigious colleges and universities will find themselves in a court room defending their admissions practices.

🎓 Schedule your FREE session with us today!

According to WSJ “sixteen major U.S. universities, including Yale University, Georgetown University and Northwestern University, are being sued for alleged antitrust violations because of the way they work together to determine financial-aid awards for students.”

The lawsuit which contents that “the universities engaged in price fixing and unfairly limited aid by using a shared methodology to calculate applicants’ financial need” has shined a light on the practices of these universities that have effectively had an impact on hundreds of thousands of students over several years.

Read the full article by The Wall Street Journal and get the entire scope of the lawsuit as well as how many other practices, such as legacy preferences, have been brought to light.