University of Chicago to Pay $13.5 Million in Settlement of ‘568 Cartel’ Lawsuit
BestColleges
AUGUST 15, 2023
Until last September, these universities operated under an antitrust exemption known as Section 568 of the Improving America's Schools Act of 1994, a congressional sanction allowing colleges to formulate common approaches to awarding need-based financial aid — as long as they strictly adhered to need-blind admissions.
Let's personalize your content