Georgetown and Others Face Class Action

A major antitrust lawsuit against top universities like Georgetown, MIT, and Penn has just gained momentum after a federal judge certified it as a class action, empowering thousands of students who received need-based aid to collectively seek damages. Allegations center on a secret collusion among 17 elite schools — known as the 568 Presidents Group — who allegedly fixed financial aid packages to undercut competition. Over 74,000 students have already joined the case, and while 12 schools have already settled for $320 million, five remain defiant, including Georgetown, MIT, Notre Dame, Cornell, and UPenn. Their trial is set for November, and plaintiffs’ lawyers are optimistic, calling certification a critical victory for student rights. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/2ac8d6b0d192ecc9