August 10, 2001

Colleges and Student Aid: Collusion or Competition?

By PETER CARSTENSEN

The presidents of 28 private colleges recently endorsed a set of common standards for measuring a family's ability to pay for college -- such as how to calculate the value of home equity or the financial need of a student with divorced parents. The presidents of the participating colleges -- which all offer need-based aid -- are known as the "568 Presidents' Working Group," named after the section number of the antitrust exemption that permits them to collaborate on needs analysis but not on

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