A bombshell lawsuit is making waves in higher education. Current and former students are taking legal action against 17 prestigious U.S. universities, claiming they’ve been short-changed on financial aid for over 20 years—all to help these schools secure donor dollars. A few notable universities being sued include Yale, Georgetown, MIT, UPenn, Columbia, and Cornell. Key Points: The Allegations: The lawsuit claims these universities violated antitrust laws by secretly coordinating on admissions and financial aid policies that favored wealthy applicants, giving them an unfair advantage. Specific Allegations: Georgetown University: Former President John DeGioia allegedly added wealthy students to a “president’s list” for admissions, based not on merit but on their family’s wealth and potential for donations. MIT & UPenn: Documents reveal schools used “special interest” tags to prioritize admissions for children of major donors, regardless of academic qualifications. The Legal Fight: Students are seeking $685 million in damages, with the total potentially rising to $2 billion under antitrust law. 10 schools, including Brown, Yale, and Columbia, have already settled for $284 million but continue to deny any wrongdoing. What’s Next? The lawsuit is asking for class-action status to represent over 224,000 students. If successful, it could change how universities handle financial aid and admissions. Do you believe these schools gave special treatment to wealthy applicants? How do you think this could change college admissions? Follow for more admissions news!
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