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Antitrust - College Board - Columbia - Cornell - Litigation over financial aid (US)
The College Board and 40 member universities engaged in concerted action to require a noncustodial parent of any applicant seeking non-federal financial aid to provide financial information, exacerbating student debt problems in the US. According to the complaint, the universities would have competed in offering financial aid in order to enroll their top candidates, absent the agreement.
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