Dossier
price-fixing cartel
Coverage of price-fixing cartel in the Nexus archive.
University of Chicagoorganization2Northwestern Universityorganization2Eric Cramerperson1Berger Montagueorganization1financial aidtopic1need-blind admissionstopic1Brown Universityorganization1Columbia Universityorganization1Dartmouth Collegeorganization1Duke Universityorganization1Emory Universityorganization1Vanderbilt Universityorganization1Rice Universityorganization1Yale Universityorganization1financial aid settlementtopic1ACHorganization1PayPalorganization1Zelleorganization1Venmoorganization1
- 'Price-fixing cartel': UChicago & Northwestern alumni owed money in financial aid lawsuit
UChicago and Northwestern are accused of colluding with other elite colleges to limit financial aid and prioritize wealthier applicants. A multi-million dollar settlement has been reached, with eligible alumni receiving payouts as remaining universities face trial over 'need-blind' admissions violations.
- Students who attended 10 elite schools accused of price fixing are now getting payments from a $284 million settlement
Current and former students of 10 elite schools are receiving payments from a $284 million financial aid settlement following a lawsuit alleging price-fixing in favor of wealthy students. Payments average $2,000 and were first distributed on July 20 via digital methods and checks.