Top Universities Conspiracy to Reduce Financial Aid Antitrust Complaint

January 9, 2022

This antitrust class action is aimed at an unusual target: sixteen elite universities, including Brown, Columbia, Dartmouth, Georgetown, and Yale, which the complaint calls “gatekeepers to the American Dream.” It alleges that the schools “have participated in a price-fixing cartel” that “has artificially inflated the net price of attendance for students receiving financial aid.”