Settlements near $320 mln in college aid lawsuit after Caltech, …

The 2022 lawsuit said 17 prominent colleges and universities violated U.S. antitrust law by breaching a pledge not to consider students' finances in making admissions decisions.


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Settlements Near $320 Mln In College Aid Lawsuit After Caltech, …

12 hours ago

The 2022 lawsuit said 17 prominent colleges and universities violated U.S. antitrust law by breaching a pledge not to consider students' finances in making admissions decisions.

reuters.com

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Colleges To Pay $320 Million In Lawsuit: Here's Who Is Eligible For ...

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6 days ago  · A recent $320 million settlement among top U.S. colleges has sent ripples through the higher education landscape. The lawsuit alleges that these institutions unfairly limited …

newsweek.com

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Financial Aid Antitrust Settlements Total $284M As Four Additional ...

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Sep 26, 2024  · Settlements from 10 out of the 17 university defendants are now worth a combined $284 million. Earlier this year, the University of Chicago, Brown, Columbia, Duke, Emory and …

classaction.org

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Lawsuit Claims Elite Universities Favor Wealthy Students In …

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Dec 19, 2024  · Since the lawsuit was filed, 10 of the schools have reached settlements to pay out a total of $284 million, including payments of up to $2,000 to current or former students whose …

inc.com

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Settlements Near $320M In Lawsuit Over College Admissions …

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Jan 21, 2025  · Johns Hopkins University and the California Institute of Technology (Caltech) have agreed to pay a total of $35.2 million to settle claims that they favored

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$284 Million College Financial Aid Antitrust Lawsuit Settlement

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Jul 31, 2024  · Of the 17 schools accused of favoring wealthy students in college admissions in the class action lawsuit, 10 have settled to date but all deny any wrongdoing. "We are pleased that …

injuryclaims.com

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Johns Hopkins, Caltech Settle Antitrust Lawsuit For Combined $35.3M

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Jan 21, 2025  · An ongoing class-action lawsuit against 17 prestigious colleges alleges they violated antitrust law and drove up the cost of college by unlawfully collaborating to lower the …

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Elite Universities Settle For $166 Million In College Admissions …

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Feb 26, 2024  · In a major development in the ongoing federal antitrust lawsuit over college financial aid practices, Dartmouth, Northwestern, Rice, and Vanderbilt universities have …

universityherald.com

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Major Universities To Pay $62m To Settle Claim That They Favor …

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A group of universities, including the likes of Columbia, and Brown, will pay a combined $62 million to settle claims that they favor wealthy applicants in their admissions process.d

legalreader.com

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17 Universities Pay $284 Million In Settlement Over Financial Aid ...

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17 Universities Pay $284 Million in Settlement Over Financial Aid Collusion Allegations. Deadline. 0 ... allowed universities to discuss financial aid formulas with each other and to consider …

classactionchampion.com

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College Students Seek $685 Million In Damages In US Financial Aid ...

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Dec 17, 2024  · Current and former U.S. college students have asked a judge to grant class-action status and said they deserve at least $685 million in damages in a lawsuit claiming 17 elite …

reuters.com

FAQs about Settlements near $320 mln in college aid lawsuit after Caltech, … Coupon?

How much is the University of Chicago settlement worth?

Settlements from 10 out of the 17 university defendants are now worth a combined $284 million. Earlier this year, the University of Chicago, Brown, Columbia, Duke, Emory and Yale collectively agreed to pay a $118 million class action settlement to resolve the financial aid antitrust allegations. ...

Which colleges are eligible for a settlement agreement?

Students must have attended during the following periods: Chicago, Columbia, Cornell, Duke, Georgetown, MIT, Northwestern, Notre Dame, Rice, Vanderbilt and Yale students: From Fall Term 2003 until the court issues an official preliminary approval of the settlement agreement. ...

Why did a US judge approve $284 million in a class action?

A U.S. judge on Friday approved $284 million in settlements in a class action accusing major U.S. universities of favoring wealthy applicants for admission, short-changing students who sought financial aid. ...

How much did Caltech & Johns Hopkins settle?

Caltech and Johns Hopkins University recently agreed to settle for a combined total of $35.3 million, which will bring the total payout to $320,250,000 if the recent settlements are approved by U.S. District Judge Matthew Kennelly. Twelve of the 17 universities named in the lawsuit have agreed to the settlement: ...

Are colleges unfairly limiting financial aid for students?

A recent $320 million settlement among top U.S. colleges has sent ripples through the higher education landscape. The lawsuit alleges that these institutions unfairly limited financial aid for students, and now eligible individuals may receive compensation. ...

Are there any open class action settlements?

Check out our class action rebates page full of open class action settlements. Four more universities—including Dartmouth, Rice, Northwestern and Vanderbilt—have agreed to settle a class action that alleged the schools illegally conspired to reduce financial aid. ...

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