Lawsuit accuses 16 major universities, including Yale and Northwestern, of illegally collaborating to limit students' financial aid
A new lawsuit accuses major universities, including Ivy League schools, of engaging in illegal behavior that's restricting students' access to federal aid.on Monday that five former students are suing 16 schools in the US, including Yale, Georgetown, and Columbia, accusing them of engaging in price fixing and unfairly cutting off some students from financial aid by collaborating on financial need calculations.
Other defendants in the lawsuit include Northwestern University, Brown University, the University of Chicago, Dartmouth, and the Massachusetts Institute of Technology. Representatives for all of the mentioned schools either declined to comment on pending litigation or did not immediately respond to requests for comment.
However, the new lawsuit argues schools are collaborating on financial aid and admissions practices that aren't completely need-blind.
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