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While the universities can completely do that, they can't get an antitrust exception while they do. That's the issue here, I think. The universities are colludi
by ameister14 4y ago
While the universities can completely do that, they can't get an antitrust exception while they do. That's the issue here, I think. The universities are colluding with one another as regards pricing and financial aid. This was allowed under an exception to antitrust law so long as financial aid played no role in admissions. The group is alleging that financial aid, or the lack of it, plays a role in admitting rich students. If that's the case, it's possible (but not anywhere close to certain) that the universities don't qualify for the antitrust exception.
- true_religion 4y agoI didn’t think universities were excepted from anti trust laws. Do you have any idea why this was permitted?
- ameister14 4y agoAs I understand it they aren't entirely, but Section 568 of the Higher Education Act lets them communicate and act together for the purposes of determining some guidelines around financial aid. https://www.naicu.edu/docLib/20150803_Antitrust_legislation.pdf https://www.naicu.edu/docLib/20150803_Antitrust_legislation....