Rice and 15 other universities accused of conspiring to limit financial aid

A federal lawsuit accuses Rice University of engaging in price-fixing in collaboration with other prestigious private schools across the country, inflating the cost of college for students who need aid.

By Kate McGee, The Texas Tribune
Posted 1/10/22

A federal lawsuit filed in Illinois over the weekend accuses 16 private universities — including Rice University in Houston — of using a shared formula to calculate the financial needs of …

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