Word: overlapping
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...Democratic Congressional staffer who workedon the Act acknowledged the "possibility" that thecolleges could agree on detailed for mulas andprinciples that would have the same price-fixingeffect as the old "overlap" system, whererepresentatives of the institutions met todetermine financial aid awards...
University Attorney Robert B. Donin, whohandles overlap issues for Harvard, said "The lawis only one week old and financial aid officersare still working out the details of how it is tobe implemented...
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 colleges had defended the practice because they said it kept money from becoming a factor in college choice...
...Scott said overlap did not increase revenuefor...
...look at the data, you will see that lowincome families benefited from overlap," Scottsaid...