Cal Tech, Yale, MIT sued for colluding to hold down financial aid
Cal Tech, Yale, MIT sued for colluding to hold down financial aid
By Michael Leonard and Janet Lorin | Bloomberg
More than a dozen top U.S. colleges including Cal Tech, Yale, Columbia and MIT were sued for allegedly conspiring to manipulate the admissions system to hold down financial aid for students and benefit wealthy applicants.
The proposed antitrust class action lawsuit, filed Sunday in federal court in Chicago, accuses the university “cartel” of a…
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