Jim Jordan and three powerful Republican committee chairmen have launched a massive investigation that has Ivy League presidents sweating bullets.
The elite universities have been operating like a cartel for decades.
And Jim Jordan just dropped this bombshell that has Ivy League presidents panicking.
House Judiciary Committee Chairman Jim Jordan, along with Senate Judiciary Committee Chairman Charles Grassley, House Antitrust Subcommittee Chairman Scott Fitzgerald, and Senate Antitrust Subcommittee Chairman Mike Lee, have unleashed a coordinated congressional investigation that could shatter the ivory towers of America’s most prestigious universities.
The four Republican pit bulls sent formal letters demanding extensive documents and communications from all eight Ivy League schools: Brown, Columbia, Cornell, Dartmouth, Harvard, Princeton, University of Pennsylvania, and Yale.
The April 8th letters target specific university leadership, including Alan Garber at Harvard, Minouche Shafik at Columbia, and Peter Salovey at Yale, giving them a strict deadline to turn over years of internal communications.
At the center of the investigation? Jaw-dropping allegations that these elite institutions have been secretly colluding to gouge American families with sky-high tuition prices in blatant violation of federal antitrust laws.
“The structure and operation of the higher education market strongly suggests the market is not functioning properly and is subject to widespread violations of antitrust laws,” the chairmen declared in their letters.
The documents demand records of communications between university presidents and financial officers dating back to 2018, with particular focus on any discussions of tuition pricing, financial aid policies, and admissions practices.
Ivy League schools charge $80,000 while sitting on billions
The investigation comes as the average annual cost of attending an Ivy League school has exploded to over $80,000 per year – more than the median American household earns in an entire year.
Despite sitting on combined endowments worth well over $200 billion, these universities continue to jack up prices year after year, saddling students with crushing debt that will haunt them for decades.
When confronted about their obscene price tags, Ivy League administrators hide behind flowery language about “value” and “investment,” but their bank accounts tell the real story.
The congressional investigation has uncovered multiple smoking guns suggesting illegal coordination among these universities.
One particularly damning practice involves the secretive meetings of the Council of Ivy League Presidents, where university fat cats gather behind closed doors to standardize admissions processes across all eight schools.
The committees are demanding all meeting minutes, emails, and other communications from these clandestine gatherings where university presidents allegedly coordinate their policies while thinking nobody’s watching.
“The Council of Ivy League Presidents holds meetings to standardize the admissions process among Ivy League member institutions, which can have the effect of setting standards for the rest of the higher education market,” the letters state.
Even more concerning, the widespread use of enrollment management software and secret algorithms for admissions and financial aid decisions may be enabling these institutions to engage in “algorithmic collusion” to maximize profits at students’ expense.
The investigation is also exposing the dirty tricks Ivy League administrators use to trap students in financial quicksand.
Their binding early decision programs force students to commit to schools without being able to compare financial aid offers – a practice that would make a used car salesman blush.
Another sleazy tactic under scrutiny is how the Common Application helps universities slap hapless high school seniors with outrageously high application fees that would never fly in a truly competitive market.
The congressional letters specifically request all documents related to the universities’ calculations for indirect costs on federally funded research projects, suggesting taxpayer money may also be misused.
This investigation comes after years of mounting criticism that elite universities have become inaccessible to middle-class Americans, with many graduates struggling under massive student loan debt.
Congressman Jordan’s office has made it clear the committees expect full compliance with their document requests by the stated deadline.
The congressional committees have indicated they’re prepared to use additional measures to obtain the information if the universities don’t cooperate voluntarily.
When Jim Jordan launches an investigation, history shows he means business.
The committees have demanded extensive records from all eight universities, with responses expected in the coming weeks.
If the investigation confirms illegal price-fixing, the consequences could be devastating, potentially including massive financial penalties, court-ordered restructuring of how these prestigious institutions operate, and even class-action lawsuits from former students who were fleeced for years.
Previous antitrust litigation against these same universities in the early 1990s resulted in consent decrees, but the chairmen believe the schools simply waited for the dust to settle before resuming their collusive practices behind closed doors.
Elite universities caught with their hands in students’ pockets
Critics of the Ivy League have long argued that these schools operate more like businesses than educational institutions, prioritizing their massive endowments over student affordability.
This investigation may finally bring transparency to the secretive world of elite college admissions and financial aid.
The scandal has already drawn comparisons to the 2019 “Varsity Blues” admissions bribery scandal, but potentially with even more far-reaching implications for the entire higher education system.
One particularly explosive area of investigation focuses on whether the schools’ board members serve on multiple university boards simultaneously, creating conflicts of interest that facilitate illegal coordination.
“Directors or trustees concurrently serving on the boards of multiple higher education institutions or other organizations such as the College Board or U.S. News create conflicts of interest,” the letters state, suggesting a web of interconnected elites making shady backroom deals.
For millions of American families drowning in college costs, this investigation could finally break the Ivy League’s iron grip on elite education and force these institutions to stop hiding behind their ivy-covered walls.
The outcome could potentially force these universities to finally crack open their obscenely bloated endowments to reduce tuition costs rather than continuing to hoard wealth while burdening students with soul-crushing debt.
Jordan’s investigation will likely expose how these elite institutions have managed to maintain their high-price, high-exclusivity model despite claiming to promote diversity and accessibility.
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