Colleges to Pay $320 Million in Lawsuit: Here's Who Is Eligible for ...

Jan 24, 2025  · 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 …


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

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Jan 24, 2025  · 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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Four Prestigious Universities Settle Price-Fixing Lawsuit, Agreeing …

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Feb 24, 2024  · Four Prestigious Universities Settle Price-Fixing Lawsuit, Agreeing to Pay $166 Million February 24, 2024 by publiclawlibrary.org Chicago, Illinois – Four prestigious …

publiclawlibrary.org

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US Universities Settle Financial-aid Antitrust Lawsuit For $166 ... - AOL

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Feb 24, 2024  · The 2022 lawsuit said 17 prominent colleges and universities violated U.S. antitrust law by violating a pledge not to consider students' finances in making admissions …

aol.com

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Students Reach $166M Settlement With 4 Schools In Price-Fixing ...

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(February 27, 2024, 2:29 PM EST) -- CHICAGO — Students who sued more than a dozen private universities for allegedly “participating in a price-fixing cartel that is designed to reduce or …

mealeys.com

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College Board, Top Schools Sued For Overcharging Children Of Divorce

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Oct 10, 2024  · The case comes after an unrelated class action targeting many of the same schools over allegations of financial aid price-fixing yielded a $284 million settlement this year. …

usatoday.com

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

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Jan 21, 2025  · Dive Brief: Johns Hopkins University and the California Institute of Technology agreed to pay a combined $35.3 million to settle claims that they engaged in a price-fixing …

highereddive.com

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$166M Price-Fixing Financial Aid Settlement Preliminarily Approved

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(March 8, 2024, 9:29 AM EST) -- CHICAGO — A federal judge in Illinois granted preliminarily approval of the latest settlement in a class complaint by students who accuse more than a …

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Columbia, Yale Among 5 Elite Schools To Pay $104.5M To Students …

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Jan 24, 2024  · Five more elite schools agreed to a settlement to resolve claims they colluded on financial aid. The 2022 lawsuit accused nearly 20 top schools of working in a "price-fixing …

businessinsider.com

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Elite Universities Settle In ‘Price-Fixing’ Financial Aid Lawsuit

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Jan 24, 2024  · A group of elite universities, including Brown University, Columbia University, Duke University, Emory University, and Yale University, agreed this week to collectively pay $104.5 …

insightintodiversity.com

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Federal Lawsuit Targets 40 Universities For Financial Aid Price Fixing

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Oct 10, 2024  · As a result of the alleged price-fixing conspiracy, plaintiffs contend that the average net price charged to students by the named universities “is approximately $6,200 more” than …

forbes.com

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Hagens Berman: 40 Private Colleges And Universities Hit With …

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Oct 8, 2024  · The lawsuit says this alleged price-fixing agreement increased the cost of tuition by approximately $6,200 when compared to top schools not participating in College Board’s …

businesswire.com

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$284M University Financial Aid Class Action Settlement: What …

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Dec 20, 2024  · A major settlement has been reached in a class action lawsuit involving top U.S. universities, with a $284 million payout aimed at students who were affected by …

soscip.org

FAQs about Colleges to Pay $320 Million in Lawsuit: Here's Who Is Eligible for ... Coupon?

Did top schools work in a 'price-fixing cartel' to limit financial aid?

The 2022 lawsuit accused nearly 20 top schools of working in a "price-fixing cartel" to limit aid to students. They did not admit any wrongdoing, and current and former impacted students will receive cash payments. Five more elite schools have now agreed to a settlement to put claims they colluded to limit financial aid to rest. ...

How much did Dartmouth & Northwestern pay for college financial aid lawsuits?

(Reuters) - Dartmouth, Northwestern, Rice and Vanderbilt universities have agreed to pay a combined $166 million to resolve claims that they favored wealthy student applicants, pushing total settlements in a federal antitrust lawsuit over college financial aid practices to $284 million. ...

Did universities participate in a price-fixing cartel?

Specifically, the suit claimed the defendant universities “participated in a price-fixing cartel that is designed to reduce or eliminate financial aid as a locus of competition, and that in fact has artificially inflated the net price of attendance for students receiving financial aid.” ...

Does a price-fixing agreement increase tuition?

Absent this agreement, the lawsuit states, schools would compete in offering financial aid to enroll top candidates. The lawsuit says this alleged price-fixing agreement increased the cost of tuition by approximately $6,200 when compared to top schools not participating in College Board’s agreement. ...

How much money will a student receive from a college settlement?

The total settlement has currently reached $284 million, from which cash payments will be made to the class of affected undergraduate students. It’s estimated that each student in the class will receive about $750 from the settlements, which still must be approved by a judge. ...

How much will Dartmouth pay under a settlement?

Dartmouth will pay $33.75 million under the settlement. Photo: Scott Eisen/Getty Images Dartmouth College, Northwestern University, Rice University and Vanderbilt University agreed Friday to pay $166 million to settle a lawsuit that accused them and other schools of colluding to determine students’ financial-aid packages . ...

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