Top universities illegally considered financial need in admissions, lawsuit claims
Five former university students filed a lawsuit in Illinois federal court Sunday accusing 16 major U.S. universities of antitrust violations, The Wall Street Journal reports.
The plaintiffs in the suit claim the schools illegally colluded by using a shared formula that took students' financial need into account when calculating financial aid packages. Federal law permits universities to share methodologies, but only if they do not allow financial need to affect admissions decisions.
"While conspiring together on a method for awarding financial aid, which raises net tuition prices, defendants also consider the wealth of applicants and their families in making admissions decisions," Eric Rosen, a partner at a law firm involved in the suit, told the Journal.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
A spokeswoman for Yale University said the school's financial aid policy is "100% compliant with all applicable laws." The other defendants either declined to comment or did not respond to the Journal's inquiries.
The plaintiffs seek damages and a ban on schools collaborating to calculate aid packages.
According to the Journal, the full list of defendants is as follows: Brown University, the California Institute of Technology, the University of Chicago, Columbia University, Cornell University, Dartmouth College, Duke University, Emory University, Georgetown University, the Massachusetts Institute of Technology, Northwestern University, the University of Notre Dame, the University of Pennsylvania, Rice University, Vanderbilt University, and Yale University.
Read the full story at The Wall Street Journal for more details and an overview of the history of antitrust actions against U.S. universities.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Grayson Quay was the weekend editor at TheWeek.com. His writing has also been published in National Review, the Pittsburgh Post-Gazette, Modern Age, The American Conservative, The Spectator World, and other outlets. Grayson earned his M.A. from Georgetown University in 2019.
-
The Week contest: Werewolf bill
Puzzles and Quizzes
By The Week US Published
-
'This needs to be a bigger deal'
Instant Opinion Opinion, comment and editorials of the day
By Justin Klawans, The Week US Published
-
Magazine solutions - November 29, 2024
Puzzles and Quizzes Issue - November 29, 2024
By The Week US Published
-
USC under fire for canceling valedictorian speech
Speed Read Citing safety concerns, the university canceled a pro-Palestinian student's speech
By Rafi Schwartz, The Week US Published
-
Florida teachers can 'say gay' under settlement
speed read The state reached a settlement with challengers of the 2022 "Don't Say Gay" education law
By Peter Weber, The Week US Published
-
Biden administration to forgive $39B in student loan debt for 800K borrowers
Speed Read
By Theara Coleman Published
-
Advocacy groups challenge Harvard's legacy admissions policy
Speed Read
By Catherine Garcia Published
-
2 Michigan school districts ban backpacks after confiscating 4th gun this year
Speed Read
By Theara Coleman Published
-
Education Department to limit bans on transgender student athletes but allow exceptions
Speed Read
By Peter Weber Published
-
UAE becomes 1st Middle Eastern country to mandate Holocaust education in schools
Speed Read
By Justin Klawans Published
-
College admissions scandal mastermind sentenced to 3.5 years in prison
Speed Read
By Devika Rao Published