The issue was much debated, but the Ivy League colleges and MIT eventually agreed to end the practice
The plaintiffs in a class action antitrust lawsuit against 16 private colleges and universities over their admissions policies have expanded their lawsuit to add Johns Hopkins University. The plaintiffs are also making new arguments in their complaint about the endowments of the colleges involved, suggesting that they are so wealthy that they could help low-income students without allegedly colluding on their policies.
The suit was filed last month against 16 private colleges and universities, charging them with running a “cartel” and violating antitrust laws in the way they calculate aid awards, thus forcing thousands of students to pay more than they should have to in order to enroll. (más…)