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Elite schools

An elite college antitrust suit and the illusion of meritocracy

by David Brancaccio and Alex Schroeder
Dec 24, 2024
Plaintiffs in a 2022 class-action lawsuit against 17 elite colleges who allege the schools colluded in determining financial aid packages are seeking $685 million in damages.
Cornell has acknowledged that "admissions readers were, in effect, deputized in the fundraising process," says Ron Lieber of The New York Times. Above, the Cornell campus.
Matt Burkhartt/Getty Images
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