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Chicago Sun-Times
Chicago Sun-Times
National
David Struett

University of Chicago to settle student aid price-fixing lawsuit for $13.5 million

University of Chicago Lawsuit Chicago UChicago Northwestern University Notre Dame the University of Chicago
The University of Chicago has offered $13.5 million to settle claims it improperly conspired with other schools to fix the price of student aid. (Marc Monaghan / WBEZ)

The University of Chicago has agreed to pay $13.5 million to settle a lawsuit alleging it conspired with other top universities to limit the financial aid it awards students.

U. of C. is the first of 17 schools — including Northwestern University, Notre Dame and Ivy League schools — to settle what’s been dubbed the “568 Cartel” class-action lawsuit.

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