$284 Million Price-Fixing Financial Aid Settlements Granted Final Approval

(July 31, 2024, 10:30 AM EDT) -- CHICAGO — Settlements by 10 private universities totaling $284 million in a class case accusing more than a dozen schools of “participating in a price-fixing cartel that is designed to reduce or eliminate financial aid as a locus of competition” were granted final approval by a federal judge in Illinois....