Selective Colleges Face Antitrust Lawsuit Over Early-Decision Admissions Policies

What's Happening?

A new antitrust class action lawsuit has been filed against a group of selective colleges and universities, challenging their early-decision admissions policies. The lawsuit, initiated by three students and a recent graduate, claims these policies prevent students from comparing financial aid packages by requiring them to attend the college where they applied early, if admitted. The complaint alleges that colleges and universities have an agreement not to admit or recruit students accepted early decision at other institutions, effectively locking students into a decision before knowing their financial aid packages. The lawsuit names 32 colleges and universities, including Columbia University, Cornell University, Duke University, and the University of Pennsylvania, as well as two college application platforms, the Common App and Scoir Inc., and the Consortium on Financing Higher Education.

Why It's Important?

The lawsuit highlights significant concerns about the fairness and transparency of early-decision admissions policies, which can impact students' ability to make informed financial decisions regarding their education. If successful, the lawsuit could lead to changes in how colleges and universities handle early-decision admissions, potentially increasing competition for students and improving financial aid offerings. This case could set a precedent for how admissions policies are structured, affecting thousands of students who apply to selective institutions each year. The outcome may also influence broader discussions on equity and access in higher education.

What's Next?

The lawsuit seeks damages for students who would have paid less for college if not for these policies and aims to end binding early-decision admissions policies. As the case progresses, it could prompt colleges and universities to reevaluate their admissions strategies and financial aid practices. Stakeholders in higher education, including policymakers and advocacy groups, may weigh in on the implications of the lawsuit, potentially leading to legislative or regulatory changes. The institutions involved may also consider revising their policies to avoid further legal challenges.