Top schools turn to financial aid antitrust lawsuit Duck

By Matthew Perlman (April 18, 2022, 7:27 p.m. EDT) – More than a dozen leading private universities, including Brown, Duke and Yale, have urged a federal court in Illinois to file suit accusing them of conspiring to limit financial aid, arguing that they have an exemption from antitrust laws to work together on the process of offering aid.

The seventeen schools filed a joint motion to dismiss the case on Friday, saying Congress passed a law in the mid-1990s that allows universities to collaborate on certain aspects of financial aid offers as long as they don’t. Do not use a student’s financial needs when making admissions decisions. The collaboration was intended to encourage “common use…

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