A group of former students is suing 16 elite colleges, claiming the schools colluded on the price of tuition. ABC News’ Christine Sloan has more.
26 thoughts on “Top universities accused of price-fixing”
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A group of former students is suing 16 elite colleges, claiming the schools colluded on the price of tuition. ABC News’ Christine Sloan has more.
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Sounds like the oil and gas manipulation industry!
So much for equality……#LAUGHABLE ðŸ˜â€Â
Education its now a profitable business
People have been ripped off by spending much money on Education
This is abhorrent. But in hypercapitalist America, where we let you die if you can't afford health insurance (or go bankrupt), or saddle you with student debt for life EVEN IF you go bankrupt, this is to be expected. Some say this is the greatest country in the world. My reply always is, "For who?"
Two of my professors have student debt from 2010 and 2006 and despite their middle and upper class statuses respectively they still owe thousands
In the mid90s I knew an older gentleman who shared office space with the company I worked for. He was a golfer and good friends with the Dean of UPenn. The Dean told him in passing that UPenn, at that time, actually had amassed so much money in ALUMNI ENDOWMENTS (which was invested) that UPenn never really had to charge a tuition fee to any student ever again. When asked yhen why they still charged tuition? He responded because of "PERCEIVED VALUE" of the UPenn school just like that of Yale, Harvard, etc.
Top re-education camps.
#cancelStudentLoans
America: blames people for being poor
Also America: charges tens of thousands of dollars to not learn how to not be poor
How many vehicles should a education cost? How many houses? We need to forgive this debt on a mass scale now, or we don't have an economy.
They all need to go down in flames. They're all lying to high school kids who can barely do their own laundry, telling them that they are their gateway to a bright future and plunging them into lifelong debt. The quality of the education is underwhelming to say the least. I don't care how legal it is, it's highly immoral and there's no way I'm sending my kids there.
Two of my professors have student debt from 2010 and 2006 and despite their middle and upper class statuses respectively they still owe thousands
I got a PHD in BS, applied to Yale and Harvard for open professor positions and both confirmed what I suspected, I was over qualified.
In the mid90s I knew an older gentleman who shared office space with the company I worked for. He was a golfer and good friends with the Dean of UPenn. The Dean told him in passing that UPenn, at that time, actually had amassed so much money in ALUMNI ENDOWMENTS (which was invested) that UPenn never really had to charge a tuition fee to any student ever again. When asked yhen why they still charged tuition? He responded because of "PERCEIVED VALUE" of the UPenn school just like that of Yale, Harvard, etc.
In the mid90s I knew an older gentleman who shared office space with the company I worked for. He was a golfer and good friends with the Dean of UPenn. The Dean told him in passing that UPenn, at that time, actually had amassed so much money in ALUMNI ENDOWMENTS (which was invested) that UPenn never really had to charge a tuition fee to any student ever again. When asked yhen why they still charged tuition? He responded because of "PERCEIVED VALUE" of the UPenn school just like that of Yale, Harvard, etc.
It would be great if Elon musk stepped up and joined the lawsuit…College is a legal way of ripping off the public
FINALLY!!!
CROOKS
It's all a scam
Home Grown Cartels funded by our Government, the leader at the Head of the Table
Nooooo? This reporting is way behind the eight ball
In the mid90s I knew an older gentleman who shared office space with the company I worked for. He was a golfer and good friends with the Dean of UPenn. The Dean told him in passing that UPenn, at that time, actually had amassed so much money in ALUMNI ENDOWMENTS (which was invested) that UPenn never really had to charge a tuition fee to any student ever again. When asked yhen why they still charged tuition? He responded because of "PERCEIVED VALUE" of the UPenn school just like that of Yale, Harvard, etc.
I thought these universities were safe spaces but this sounds exactly like the systematic racism that they talk so much about. Interesting
Well if the government is willing to write a blank check you have to do something to keep out the peasants.
Ha,ha,ha NOT surprised !
Let's go Brandon#FJB
Surprise surprise.
Let's go Brandon#FJB