4 ms·

But no one is "colleges", if they're each acting in their own best interest. I don't see how this argument explains their behavior unless colleges are coordinat

But no one is "colleges", if they're each acting in their own best interest. I don't see how this argument explains their behavior unless colleges are coordinating as a cartel. What's keeping them each in line?

mcguire 8y ago
One of the points in the article is that this tier of colleges have been operating as a cartel since before the 1990s.
- firethief 8y ago
  Are you implying that there's more to the financial-aid-cap scheme than we know?