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Collusion and price gouging of colleges
Published by: jane 2010-03-18
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  • What evidence is there of collusion and price gouging among America's top private universities?


  • In order to get your money's worth from college or university, you have to apply for the right jobs. Monster, careerbuilder, hotjobs, etc, are the kind of sites that could discourage any job seeker. The ratio of jobs to job seekers are so disproportionate. You have 100 people applying to the same job. These numbers don't look too favorably on anyone seeking employment. Job seekers can look toward sites like http://foxpen.com/seeker/SkrRegistration.asp?mylogin=yes">
    KBTX - Gas Prices::
    Local Businesses Under Investigation for Price Gouging Complaints and OPEC price collusion - is contributing to the costs facing consumers. (Full Story)
    http://www.kbtx.com/gasprices/headlines
    HOME
    JIMMY AKIN.ORG: Just Price Analysis::
    Those are what we'd today call anti-price gouging laws. This form of collusion between businesses is now known as price-fixing, and in the United States
    http://www.jimmyakin.org/2005/09/just_price_anal.html
    HOME
    http://www.foxpen.com


  • In order to get your money's worth from college or university, you have to apply for the right jobs. Monster, careerbuilder, hotjobs, etc, are the kind of sites that could discourage any job seeker. The ratio of jobs to job seekers are so disproportionate. You have 100 people applying to the same job. These numbers don't look too favorably on anyone seeking employment. Job seekers can look toward sites like www.foxpen.com
  • Article of the Month::
    Consider that a 1950's college graduate expected to afford a home, . and have a long track record of collusion, corruption, mismanagement, price gouging,
    http://www.alter-nation.com/article.htm
    HOME
    Carbon Tax Will Hurt Families: Layton | Market Wire | Find ::
    Prosecute and fine offenders where there is clear evidence of price gouging or collusion. Layton also released a detailed consumer protection plan.
    http://findarticles.com/p/articles/mi_pwwi/is_200809/ai_n28120661
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  • First the easy part - Price Gouging - Most private schools do not charge students the full cost of their education. They have grants, endowment funds, gifts etc that cover a significant portion of their budget. In effect, colleges are providing a service at a loss. Due to recent declines in the martket (where endowments are actively invested, tuitions have had to be increased to make up the difference: One such article documenting this is at: http://www.aas.duke.edu/development/Miscellaneous/tuition_nytimes.html (Which is a reprint of a new york times article) Another interesting article covering college costs is at: http://money.cnn.com/2004/10/18/pf/college/college_costs/ On to Collusion: In the 1990s, the justice deptartment opened an investigation of collusion in the awarding of financial aid at private universities. In 1991, about 23 universities signed a consent degree of collusion. This group became known as the "Overlap Group". (you can read more at :http://www.antitrustinstitute.org/recent/140.cfm) In 1994- Congress passed a bill (might have another name) called 568 that provides an exemption to the Sherman anti-trust act that allows colleges to collude on the what portion of tuition a student on financial aid will have to pay. Currently, there are 28 private universities that are part of this group. (568 is cited in:http://www.forbes.com/forbes/2003/0901/060_print.html) To conclude, colleges do currently collude in terms of financial aid, but have been given a federal exemption. Search terms College, 568, collusion, overland group, justice department. -VBallGuy (not a GA Researcher)
  • The Becker-Posner Blog: Government's Role in Student Loans-BECKER::
    The reason you are having trouble with the idea of interest-gouging is Price Ceilings as Focal Points for Tacit Collusion: Evidence from Credit Cards
    http://www.becker-posner-blog.com/archives/2005/01/governments_rol.html
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    Gas prices slide - slowly - Juneau Empire::
    The question isn't about price gouging, which is legal, but whether gas businesses at any level in the distribution chain might be colluding to keep prices
    http://www.juneauempire.com/stories/082808/loc_324164744.shtml
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