Prestigious US University: Selecting Students Based on Economic Ability

Prestigious US University: Selecting Students Based on Economic Ability

Prestigious US University

“Selecting students based on economic ability” … Prestigious US University pays 100 billion won in settlement Prestigious American universities have decided to pay large settlements for failing to keep their promises not to consider applicants’ financial abilities during the admissions process. The reason these universities, which are at the top of various university rankings, are embroiled in class action lawsuits is because of their scholarship admission system. In the United States, which is considered one of the most expensive countries in the world for college tuition, many universities provide scholarships to students who are financially unable to pay tuition.

Applicants must disclose their inability to pay tuition from the start of the application process. However, it is known that in fact, among American universities, there are many cases where applicants with insufficient financial ability are rejected during the process of selecting successful applicants. This is because an increase in the proportion of successful students eligible for scholarship support will have a negative impact on school finances.

Universities advertise that ‘ability to pay tuition does not affect acceptance’, but this is not the reality. If a college considers a student’s financial ability in the admissions process, it is a violation of U.S. federal law. The plaintiff argued that as a result of the university selecting new students based on economic circumstances, the opportunity for students to receive a cheaper education was lost. However, the universities that agreed to pay the settlement amount this time are maintaining their claim that nothing illegal was done. Brown University said the reason it promised to pay the settlement was “a decision to move away from litigation and focus on supporting students.”

The New York Times (NYT) reported on the 24th (local time) that five universities, including Yale, Columbia, Brown, Duke, and Emory University, agreed to pay a total of $104.5 million (approximately KRW 139.1 billion) to class action plaintiffs. It was reported that an agreement had been reached. Accordingly, a student group in the United States filed a lawsuit against a total of 17 universities, including Cornell, the Massachusetts Institute of Technology (MIT), Georgetown, and the University of Pennsylvania (UPen), including the five universities that agreed to pay a settlement.

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