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>...[allege] the universities engaged in price fixing and unfairly limited aid by using a shared methodology to calculate applicants’ financial need. This seem
by jimbob45 5y ago
>...[allege] the universities engaged in price fixing and unfairly limited aid by using a shared methodology to calculate applicants’ financial need.
This seems like the optimal way to run things though. In our current world where everything is "racist" and "sexist", how else can these entities shield themselves from lawsuit apart from sharing their methodologies? It seems like these entities were set up to fail from the beginning under these backwards rules.
- lupire 5y agoOne school could have tried to compete on price by using the same formula but then applied a discount to all students. What's wacky is that we have allegations of "price fixing" based on claims that schools are unfairly charging far less than the fair market value of their product. These schools could easily double their prices and still make a profit... but they aren't trying to make a profit.