Duke among 16 major U.S. universities accused of illegally colluding to limit student financial aid, per lawsuit

by **Turtleneck** Mon Jan 10, 2022 12:21 pm

The universities engaged in price fixing and unfairly limited aid by relying on a shared method to calculate applicants’ financial needs, according to a lawsuit filed in Illinois federal court late Sunday.

The complaint alleges that by eliminating price competition, the 16 universities have artificially inflated the price of attendance for financial aid recipients. Over almost 20 years, the schools have overcharged 170,000 financial aid recipients by “at least hundreds of millions of dollars.”

The plaintiffs are five former students who attended some of the universities involved in the lawsuit, per the complaint. One of the plaintiffs, Sia Henry, graduated from Duke in 2011.

https://www.dukechronicle.com/article/2022/01/duke-university-financial-aid-lawsuit-sherman-antitrust-act-collusion-568-cartel-need-blind-based

by **DWags** Mon Jan 10, 2022 1:02 pm

Wow. We suck as a country a lot.

Duke among 16 major U.S. universities accused of illegally colluding to limit student financial aid, per lawsuit

Duke among 16 major U.S. universities accused of illegally colluding to limit student financial aid, per lawsuit

Re: Duke among 16 major U.S. universities accused of illegally colluding to limit student financial aid, per lawsuit