Editorials
EDITORIAL | Cornell, Say No to Student Loans
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Time and again, Cornell has disadvantaged its undergraduates, except, of course, the most privileged few.
The Cornell Daily Sun (https://cornellsun.com/tag/financial-aid/)
Time and again, Cornell has disadvantaged its undergraduates, except, of course, the most privileged few.
Five elite institutions recently settled for over $100 million in a class-action antitrust lawsuit that accused Cornell and 16 other schools of operating a “price-fixing cartel” to restrict student financial aid awards.
The new Free Application for Federal Student Aid raises questions over the form’s elimination of financial considerations such as student’s number of siblings in college and eligibility calculations.
Cornell’s endowment saw a $355 million net investment gain in the 2023 fiscal year to surpass a $10 billion value.
Two basketball players from Brown University filed a class action lawsuit against the Ivy League on March 7, arguing that Cornell University and other Ivy League institutions violate antitrust laws in their refusal to offer athletic scholarships.
In recent years, many international students have faced unexpected and significant tax withholdings on their financial aid awards.
Recently, the Cornell University Office of Financial Aid and Student Employment has begun a four year project focused on restructuring its operations.
On Tuesday afternoon, the University announced that the Board of Trustees approved the 2022-2023 budget, including an increase in tuition rates for the upcoming academic year alongside increases in grant-based financial aid.
A class-action lawsuit filed on Jan 9 accuses Cornell and 15 other universities across the nation of financial aid collusion.
Last Thursday, University president Martha Pollack announced the launch of a new campaign aiming to raise $500 million for undergraduate financial aid.