3 ms·

I have a pretty strong feeling you're being sarcastic. https://www.forbes.com/sites/michaeltnietzel/2022/01/10/federal-lawsuit-alleges-16-elite-universities-en

• light_hue_1 4y ago
  Did you even read your own story? What does this have to do with them being a cartel or not? The story doesn't even claim they collude on pricing! It just says that admissions is not needs blind, the way that these universities claim it is.
  • brnaftr361 4y ago
    From CNN: "Back in the 1990s, the Justice Department charged several elite colleges with price-fixing, including many current members of the 568 Presidents Group. Those colleges regularly communicated and gave "essentially the same financial aid award" to any student who was admitted to multiple schools, according to congressional research. The suit ended with a settlement, and a 1994 law allowed colleges to keep working together on financial aid packages." "In writing the law, Congress specified that its goal was to spread the benefits of financial aid as broadly as possible." And if they're discriminating against lower-income families, that aid won't go to those who ostensibly need it most. Being that the filthy poors won't receive that aid, they will pay more. The dismissal was refused in August, the case is proceeding, I expect there is something veracious about it, huh?
    • AuthorizedCust 4y ago
      A few of colleges from 20 years ago? That’s all you have? The plural of (obsolete) anecdotes isn’t evidence!
• AuthorizedCust 4y ago
  100% not sarcastic. “Cartel” is a ridiculous assertion and a red herring. It distracts us from a meaningful discussion on solutions.