Word: biddinger
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But this year, the need-based aid policyhindered Harvard in a bidding war for highlyqualified Black candidates.
The bidding war for students is a nationaltrend, and it's not limited to minority students.
The act's impact on the bidding wars which recently began between Ivy League colleges vying for desirable students is still unclear.
College officials say the bidding wars are the result of their agreement last spring to stop sharing financial aid information. The Department of Justice maintained the cooperation, known as "overlap" violated antitrust laws, and the colleges ceased sharing information in exchange for the Justice Department dropping a lawsuit against them...
The Senate staff member, speaking on conditionof anonymity, said he did not think the act wouldhave the effect of stopping bidding wars.