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The settlement was reached in the antitrust lawsuit alleging that UChicago, among sixteen other universities, was part of a price-fixing cartel that collectively determined financial aid amounts.
Dartmouth College, alongside Rice, Northwestern and Vanderbilt universities will pay a total of $166 million to settle a two-year-old lawsuit accusing them of colluding to limit financial aid for admitted
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...
Four more universities will settle a class-action lawsuit accusing them of colluding to fix the financial aid they offered to students for a total of $166 million.
Five elite U.S. universities agreed in a Tuesday court filing to pay a total of $104.5 million to settle a lawsuit accusing them price-fixing that harmed working and middle class students.