On January 11, a lawsuit was filed in federal court in Illinois against 16 major US universities, including Cornell, for antitrust violations. The lawsuit claims that these universities unlawfully collaborate on student aid calculations and fail to truly apply need-blind admissions policies. 

To gain a better understanding of the history of financial aid price fixing, its impacts on students, and Cornell’s place in the case, Jackie Torres and Grace Fairchild interviewed Cornell Law and Economics Professor George Hay, an expert in antitrust law and economics.

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