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  • Early Decision Lawsuit: Financial Aid Concerns

    Early Decision Lawsuit: Financial Aid ConcernsA lawsuit alleges early decision policies restrict students' ability to compare financial aid offers, potentially leading to less aid. Students feel pressured and lose bargaining power. Includes top universities.

    The problem, submitted by 3 students and a recent grad, asserts these plans stop students from contrasting financial assistance plans by requiring them to attend the university where they used early, if admitted. The suit even more alleges that, despite the fact that these policies aren’t lawfully binding, colleges and colleges have an arrangement not to admit or recruit trainees accepted early decision at other organizations. Because of this, trainees really feel secured into a decision before knowing their financial aid bundles– and establishments can supply much less aid given that they do not require to contend for these students, the claim suggests.

    Student’s Perspective on Early Decision

    “It does not seem reasonable that, in order to place my chances of admission on a level playing field with my peers, I had to surrender the right to contrast the price of participation at different colleges,” plaintiff and Vassar College student Jude Robinson stated in a news release. “I thought I would certainly obtain more financial assistance than I did, yet I never obtained a chance to weigh various other choices.”

    The complaint names 32 universities and universities– consisting of Columbia University, Cornell College, Duke College, and the College of Pennsylvania– along with two university application platforms, the Typical Application and Scoir Inc., and the Consortium on Financing Higher Education.

    1 affect higher education
    2 college lawsuit
    3 early decision
    4 financial aid
    5 student debt
    6 university policies