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In a groundbreaking federal class action lawsuit, 40 of America’s wealthiest colleges and universities are accused of conspiring to overcharge students with divorced or separated parents. The lawsuit claims these institutions required students to disclose the financial assets of their noncustodial parents, reducing the amount of financial aid available to them. USA TODAY Education Reporter Zachary Schermele joins The Excerpt to share how these universities got away with this alleged scheme until now.
Episode Transcript available here
Also available at art19.com/shows/5-Things
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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In a groundbreaking federal class action lawsuit, 40 of America’s wealthiest colleges and universities are accused of conspiring to overcharge students with divorced or separated parents. The lawsuit claims these institutions required students to disclose the financial assets of their noncustodial parents, reducing the amount of financial aid available to them. USA TODAY Education Reporter Zachary Schermele joins The Excerpt to share how these universities got away with this alleged scheme until now.
Episode Transcript available here
Also available at art19.com/shows/5-Things
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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