Brown, Yale, and Columbia are among 5 elite schools that agreed to pay $104.5 million to students after being accused of colluding to limit financial aid

Five more elite schools agreed to a settlement to resolve claims they colluded on financial aid. The 2022 lawsuit accused nearly 20 top schools of working in a “price-fixing cartel” to limit aid to students. They did not admit any wrongdoing, and current and former impacted students will receive cash payments. Five more elite schools have … Read more