Emory, Rice Settle in ‘568 Cartel’ Price-Fixing Case
BestColleges
JANUARY 23, 2024
The suit alleges 17 elite universities conspired to fix prices and limit financial aid awards. This congressional sanction, which expired in September 2022, allowed colleges to formulate common approaches to awarding need-based financial aid — provided they strictly adhered to need-blind admissions.
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