Republicans question Ivy League schools over potential price-fixing collusion
- Republican leaders of the House and Senate Judiciary Committees are investigating Ivy League schools for potential collusion in raising tuition prices, as revealed in letters sent to the institutions.
- The lawmakers requested documents from all eight Ivy League schools by April 22 regarding their practices related to tuition increases.
- Concerns include that the Ivy League schools appear to collectively raise tuition while discriminating financially against some students, as noted by the lawmakers' letters.
- The inquiry involves possible violations of the Sherman Act, with allegations of coordinated efforts to maximize profits through selective financial aid packages.
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Congressional Judiciary Republicans probe whether Ivy League schools collude on raising tuition fees
“We are particularly concerned that Ivy League member institutions appear to collectively raise tuition prices while engaging in price discrimination by offering selective financial aid packages to maximize profit,” the lawmakers wrote.
·Washington, United States
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