Word: aide
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Dates: during 1980-1989
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Justice Department officials say the schools, mostly "elite" northern colleges, may be illegally sharing information about tuition and financial aid. As a result, they say, the schools may be able to unfairly inflate tuition costs...
They openly acknowledge that financial aid information is shared to prevent an "unethical" bidding war over students. As for tuition-fixing, they say their budgets are made in such an open fashion that shared data is almost inevitable...
Steiner's statement comes in the wake of published reports questioning the propriety of an arrangement through which Dean of Admissions William R. Fitzsimmons '67, Assistant Dean of Admissions Warren C. Reed and Director of Financial Aid James S. Miller work for Student Aid Services...
...Justice Department has asked for material regarding tuition, fees, student financial aid, and faculty and administrative salaries. The information is to cover 1985 through 1988 and must be provided by the end of the month...
...schools contend that the sharing practices avoid "bidding wars" for students and allows applicants to choose a school based on its academic worth rather than the financial aid package it offers...