Four Universities, Including Dartmouth, Reach $166 Million Settlement in Class-Action Lawsuit Alleging Financial Aid Conspiracy
Hanover, New Hampshire – Dartmouth College has reached a settlement in a class-action lawsuit that accused the school, along with 16 other universities, of colluding to reduce financial aid for students from working- and middle-class families. According to a memorandum filed on February 23, Dartmouth has agreed to pay $33.75 million as part of the settlement. This comes after three other co-defendants, Rice University, Northwestern University, and Vanderbilt University, also agreed to settlements, bringing the total to $166 million. The lawsuit, filed in 2022, alleged that these universities, all of which claimed to practice need-blind … Read more