University of Chicago to pay $13.5m to settle ‘price-fixing cartel’ financial aid lawsuit
by Gloria Oladipo from US news | The Guardian on (#6DX02)
Top-ranked university is one of 17 elite colleges that are accused of restricting financial aid packages for students, lawsuit claims
The University of Chicago has agreed to pay $13.5m to students after settling a claim that it conspired with other universities to intentionally limit financial aid offers for students.
The top-ranked university is one of 17 elite colleges that were accused of restricting financial aid packages for students, according to a federal lawsuit filed last year, Insider reported.
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