A lawsuit has been filed against numerous selective colleges, alleging that their early-decision admissions policies hinder students' ability to compare financial aid offers. The plaintiffs claim these non-binding policies create an informal agreement among institutions, reducing competitiveness in financial aid offers. Notably, 32 colleges, including prestigious universities, are named in the suit alongside notable college application platforms. The complaint highlights concerns of students feeling pressured into decisions without knowledge of financial implications and seeks to eliminate binding early-decision policies to ensure fair competition among institutions for all students.
"It does not seem fair that, in order to put my chances of admission on a level playing field with my peers, I had to give up the right to compare the cost of attendance at different schools," plaintiff and Vassar College student Jude Robinson said in a news release.
The lawsuit seeks damages for students who would have paid less for college if not for these policies and aims to end binding early-decision admissions policies.
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