Kyla Guilfoil is a news associate for NBC News.
Forty of the top private universities across the United States are under fire after a lawsuit was filed accusing the institutions of conspiring to overcharge students for their education. According to the lawsuit, these universities bilked applicants from divorced or separated homes by including the financial backgrounds of noncustodial parents when determining financial aid packages.
The lawsuit adds that the College Board’s methodology was concocted by individuals connected to the universities that applied it. For instance, the lawsuit alleges that the College Board’s current chair of the Financial Assistance Assembly Council works at Columbia University and that Harvard’s director of financial aid was a chair at the nonprofit.
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