Elite Schools Face Aid Class Action Appeal | Georgetown Hoyas Basketball News
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Elite Schools Face Aid Class Action Appeal | Georgetown Hoyas Basketball News
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A landmark financial aid lawsuit, ignited in 2022, is heating up again as five elite universities including Georgetown challenge a judge’s decision to certify a class-action case alleging collusion to keep aid packages artificially low. While 12 schools that settled earlier have already paid over $280 million into a fund distributing $2,000 average payouts to eligible students, the fate of the remaining defendants hangs in the balance. An appeals court is now reviewing key expert testimony that allowed the class action to proceed — and if it overturns the ruling, thousands of claims could vanish, shifting liability to individual students and potentially derailing the case entirely. With trial delayed until November, this legal chess match could reshape the future for thousands of students still waiting for justice.
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