US lawsuit accuses 16 postsecondary institutions of participating in “price-fixing cartel”

In the United States, 16 postsecondary institutions have been identified in a lawsuit as having allegedly participated in a “price-fixing cartel.” The lawsuit, which names institutions such as the Ivy League’s Brown University, Cornell University, and Dartmouth College, contend that the institutions are taking students’ financial circumstances into account for admissions and effectively unfairly disadvantaging applicants in need of institutional financial aid. The plaintiffs are seeking damages and the prevention of collaboration between the colleges, and the lawsuit indicates that over 170,000 former students could be eligible to join the plaintiffs. CTV News| Forbes| Chronicle of Higher Ed Note: Archived stories may contain dead links or be missing source links.