(Bloomberg) — Ivy League universities including Harvard, Yale and Princeton are facing scrutiny from Republicans in Congress over how much they charge.
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The Senate and House Judiciary committees sent letters to eight schools, saying they are concerned they may be acting inconsistently with US antitrust laws when setting their tuition prices.
The universities “appear to collectively raise tuition prices while engaging in price discrimination by offering selective financial aid packages to maximize profit,” according to letters posted on X on Thursday.
The Ivy League schools are among the richest in US higher education and set high prices, with undergraduate tuition and fees at Yale and Harvard totaling at least $65,000 for the 2025-2026 academic year. Harvard recently announced an initiative to eliminate tuition fees for students from families with incomes of $200,000 or less.
Many of those schools are already under federal scrutiny over how they’ve handled antisemitism on their campuses. Funds have been frozen at Columbia and Princeton universities and they are under review at Harvard.
The Ivy League is an athletic conference, whose members include Harvard, Yale, Princeton, the University of Pennsylvania, Columbia, Dartmouth, Brown and Cornell. The Department of Justice filed an antitrust case against the eight schools and the Massachusetts Institute of Technology in 1991 alleging collusion on financial aid.
A Harvard spokesperson said the letter was received but declined to comment while a spokesperson for Yale didn’t immediately respond to request for comment.
(Updates with no comment in the seventh paragraph.)
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