Word: biddinger
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BUT instead of answering these questions, it seems Harvard is trying to blur the details of its involvement with SAS. Grant the University's case that shared financial data prevents "bidding wars" for top students, and grant that SAS provides a necessary service to schools.
SAS then "collates" the taped information and provides each school with data about each admitted student's financial aid awards from other schools, she said. This allows colleges to compute similar financial aid package, for individual students, avoiding what many have called a "costly bidding war" for top recruits.
In the coming months and years Washington is likely to be confronted by European contrariness and even defiance on subjects ranging from arms control to international economic cooperation. At the summit of the seven industrialized powers in Paris this summer, the E.C. sought and secured the lead role in coordinating...
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.
Officials at several of the schools included in the Overlap Group say tuition would be even higher than the $18,000 charged by some for tuition, room and board if bidding wars were being waged to obtain students who needed financial help.