"Please Admit" Top academic institutions are under fire amid an alleged price-fixing scandal where university admissions offices purportedly favored the rich over their poorer and higher-performing peers. First filed in 2022, the antitrust lawsuit initially identified more than a dozen schools like Georgetown, Massachusetts Institute of Technology, and Cornell and alleged they took part in a "price-fixing cartel" to secretly ensure that children of wealthy donors were admitted while saving on financial aid for students who needed it. Though most of the 17 schools named in the suit have since settled for hundreds of millions of dollars, as the New […]