https://www.wsj.com/articles/yale-george...1641829659

The claim seems pretty thin to me-at least as described in this article-but will be interesting to see what happens with this lawsuit.

(01-11-2022 08:43 AM)ExcitedOwl18 Wrote:  https://www.wsj.com/articles/yale-george...1641829659

The claim seems pretty thin to me-at least as described in this article-but will be interesting to see what happens with this lawsuit.

Very deep pockets.

The inflation of room, board and tuition in American colleges is the single most scandalous topic in the last 40 years that has gone unnoticed. 1000% or so. And no attention at all other than the need to forgive student debt. This is not surprising to me in the very least.

(01-11-2022 08:43 AM)ExcitedOwl18 Wrote:  https://www.wsj.com/articles/yale-george...1641829659

The claim seems pretty thin to me-at least as described in this article-but will be interesting to see what happens with this lawsuit.

Part of me is wondering if this isn't basically a test case for future lawsuits that will eventually focus on pricing collusion or something similar.

With the way costs have skyrocketed over the past decade or two at private and many public institutions, I'm pretty sure there are plenty of people who'd love to force these universities to grant broader admissions with less expensive fees. Especially when one considers just how large some of these endowments have become while admissions have remained relatively stagnant at many high end universities.

(01-11-2022 09:07 AM)texowl2 Wrote:  The inflation of room, board and tuition in American colleges is the single most scandalous topic in the last 40 years that has gone unnoticed. 1000% or so. And no attention at all other than the need to forgive student debt. This is not surprising to me in the very least.

100% agree. I believe once the Fed Gov't started backing student loans (to some degree) the universities were in a no-lose situation. Keep raising tuition and fees and one way or another (via student or feds) we'll get our money. The value received is, IMO, now quickly becoming not worth the cost. Especially for some of the ridiculous degrees offered by many institutions.

For other non-subscribers to the WSJ, here's a list of the 16 schools -- Rice included -- that are named in the lawsuit filed "in Illinois federal court ... on behalf of five former students who allege that the universities practiced price-fixing and unfairly limited aid by using a shared strategy to determine financial needs":

• Yale
• Georgetown
• Northwestern
• Brown
• CalTech
• University of Chicago
• Columbia
• Cornell
• Dartmouth
• Duke
• Emory
• MIT
• Notre Dame
• University of Pennsylvania
• Rice
• Vanderbilt.
  

Source: https://www.newsweek.com/here-are-16-top...ts-1667556

(01-11-2022 09:49 AM)Musicowl1965 Wrote:  

(01-11-2022 09:07 AM)texowl2 Wrote:  The inflation of room, board and tuition in American colleges is the single most scandalous topic in the last 40 years that has gone unnoticed. 1000% or so. And no attention at all other than the need to forgive student debt. This is not surprising to me in the very least.

100% agree. I believe once the Fed Gov't started backing student loans (to some degree) the universities were in a no-lose situation. Keep raising tuition and fees and one way or another (via student or feds) we'll get our money. The value received is, IMO, now quickly becoming not worth the cost. Especially for some of the ridiculous degrees offered by many institutions.

cmon now there is tremendous value in a degree 16th century french poetry

(01-11-2022 04:13 PM)Almadenmike Wrote:  For other non-subscribers to the WSJ, here's a list of the 16 schools -- Rice included -- that are named in the lawsuit filed "in Illinois federal court ... on behalf of five former students who allege that the universities practiced price-fixing and unfairly limited aid by using a shared strategy to determine financial needs":

• Yale
• Georgetown
• Northwestern
• Brown
• CalTech
• University of Chicago
• Columbia
• Cornell
• Dartmouth
• Duke
• Emory
• MIT
• Notre Dame
• University of Pennsylvania
• Rice
• Vanderbilt.
  

Source: https://www.newsweek.com/here-are-16-top...ts-1667556

Plenty more should be added, BU NYU many many others....

(01-11-2022 04:33 PM)texowl2 Wrote:  

(01-11-2022 04:13 PM)Almadenmike Wrote:  For other non-subscribers to the WSJ, here's a list of the 16 schools -- Rice included -- that are named in the lawsuit filed "in Illinois federal court ... on behalf of five former students who allege that the universities practiced price-fixing and unfairly limited aid by using a shared strategy to determine financial needs":

• Yale
• Georgetown
• Northwestern
• Brown
• CalTech
• University of Chicago
• Columbia
• Cornell
• Dartmouth
• Duke
• Emory
• MIT
• Notre Dame
• University of Pennsylvania
• Rice
• Vanderbilt.
  

Source: https://www.newsweek.com/here-are-16-top...ts-1667556

Plenty more should be added, BU NYU many many others....

Seems as if any tuition in the range of these, at any institution (? Harvard, Stanford?) would be included

(01-11-2022 04:13 PM)Almadenmike Wrote:  For other non-subscribers to the WSJ, here's a list of the 16 schools -- Rice included -- that are named in the lawsuit filed "in Illinois federal court ... on behalf of five former students who allege that the universities practiced price-fixing and unfairly limited aid by using a shared strategy to determine financial needs":

• Yale
• Georgetown
• Northwestern
• Brown
• CalTech
• University of Chicago
• Columbia
• Cornell
• Dartmouth
• Duke
• Emory
• MIT
• Notre Dame
• University of Pennsylvania
• Rice
• Vanderbilt.
  

Source: https://www.newsweek.com/here-are-16-top...ts-1667556

If nothing else, after several years of ranking at various spots in the upper teens, it's nice to be known as squarely in the Top 16, rather than on the bubble.

(01-11-2022 08:12 PM)georgewebb Wrote:  

(01-11-2022 04:13 PM)Almadenmike Wrote:  For other non-subscribers to the WSJ, here's a list of the 16 schools -- Rice included -- that are named in the lawsuit filed "in Illinois federal court ... on behalf of five former students who allege that the universities practiced price-fixing and unfairly limited aid by using a shared strategy to determine financial needs":

• Yale
• Georgetown
• Northwestern
• Brown
• CalTech
• University of Chicago
• Columbia
• Cornell
• Dartmouth
• Duke
• Emory
• MIT
• Notre Dame
• University of Pennsylvania
• Rice
• Vanderbilt.
  

Source: https://www.newsweek.com/here-are-16-top...ts-1667556

If nothing else, after several years of ranking at various spots in the upper teens, it's nice to be known as squarely in the Top 16, rather than on the bubble.

Notably, Harvard and Princeton didn't make the cut.

(01-11-2022 08:43 PM)waltgreenberg Wrote:  

(01-11-2022 08:12 PM)georgewebb Wrote:  

(01-11-2022 04:13 PM)Almadenmike Wrote:  For other non-subscribers to the WSJ, here's a list of the 16 schools -- Rice included -- that are named in the lawsuit filed "in Illinois federal court ... on behalf of five former students who allege that the universities practiced price-fixing and unfairly limited aid by using a shared strategy to determine financial needs":

• Yale
• Georgetown
• Northwestern
• Brown
• CalTech
• University of Chicago
• Columbia
• Cornell
• Dartmouth
• Duke
• Emory
• MIT
• Notre Dame
• University of Pennsylvania
• Rice
• Vanderbilt.
  

Source: https://www.newsweek.com/here-are-16-top...ts-1667556

If nothing else, after several years of ranking at various spots in the upper teens, it's nice to be known as squarely in the Top 16, rather than on the bubble.

Notably, Harvard and Princeton didn't make the cut.

and as I noted, Stanford