Word: overlap
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...still will not say what prompted its investigation, but many observers speculate that the unprecedented high coast of education drew public scrutiny to the schools' financial practices, some of which were of dubious legality. For instance, experts agreed that the practice of sharing financial aid information in so-called overlap groups, in an effort to offer similar financial aid packages to the same students, could amount to illegal collusion...
Meanwhile, Yale University and at least one other school dropped out of the overlap groups this spring to shield themselves from further possible legal damage...
...since the Justice Department began investigating financial aid and tuition setting practices last summer, observers have said the overlap groups might represent a violation of antitrust laws. As a result, Yale and at least one other schools have reportedly withdrawn from the groups...
...There's probably enough antitrust risk given the state of the law that I would have to tell [the schools] to stay out of [the overlap groups]," a lawyer representing one of the 58 schools under investigation said yesterday...
...lawyer added that the colleges in the overlap groups should not breathe easy yet, since the probe could turn back toward financial aid at any time...