The “568 Cartel”: U.S. Universities Sued for Limiting Financial Aid in Antitrust Violation


Sixteen U.S. universities, including Ivy institutions like Columbia, Yale, and Brown, are being sued by financial aid recipients for colluding to limit financial aid, violating antitrust laws in the process. With students and graduates across the country struggling to pay back more than USD 1.7 trillion in student loan debt, the lawsuit comes at a particularly tense time, driving many students to question the skyrocketing costs of a college degree. This case goes over the details of the lawsuit and asks students to examine it in the context of the student debt crisis and the growing movement for loan forgiveness.

This case was prepared for inclusion in SAGE Business Cases primarily as a basis for classroom discussion or self-study, and is not meant to illustrate either effective or ineffective management styles. Nothing herein shall be deemed to be an endorsement of any kind. This case is for scholarly, educational, or personal use only within your university, and cannot be forwarded outside the university or used for other commercial purposes.

2023 Sage Publications, Inc. All Rights Reserved

You are not authorized to view Teaching Notes. Please contact your librarian for access or sign in to your existing instructor profile.
locked icon

Sign in to access this content

Get a 30 day FREE TRIAL

  • Watch videos from a variety of sources bringing classroom topics to life
  • Read modern, diverse business cases
  • Explore hundreds of books and reference titles