Dartmouth, Northwestern, Rice, and Vanderbilt universities settle $166M claims of favoring wealthy student applicants, bringing total antitrust lawsuit settlements to $284M.

Dartmouth, Northwestern, Rice, and Vanderbilt universities have agreed to pay a combined $166 million to settle claims that they favored wealthy student applicants, pushing total settlements in a federal antitrust lawsuit over college financial aid practices to $284 million. The 2022 lawsuit accused 17 prominent colleges and universities of violating U.S. antitrust law by not considering students' finances in admissions decisions, giving wealthy students an edge.

February 24, 2024
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