“The Elite Universities Cartel: A History of Anticompetitive Collusion Inflating the Cost of Higher Education”

Meeting Status:

Scheduled

Hearing

Date:

Wed, 06/04/2025 - 10:00 AM

Location:

Capitol Complex, 2141 RHOB, Washington, DC, 20515, USA

Witnesses

Dr. Preston Cooper
Senior Fellow, American Enterprise Institute

Mr. Alex Shieh
Brown University, Class of 2027

Mr. Scott Martin
Partner, Hausfeld LLP

Ms. Julie Margetta Morgan
President, The Century Foundation

Meeting Documents

An article from the Wall Street Journal titled “Harvard Has Trained So Many Chinese Communist Officials, They Call It Their ‘Party School’” dated June 1, 2025, submitted for the Record by Mr. Baumgartner of WA.
An article from The New York Times titled “China Really Wants to Attract Talented Scientists. Trump Just Helped.” dated June 4, 2025, submitted for the Record by Mr. Nadler of NY.
An article from Hechinger Report titled “The number of 18-year-olds is about to drop sharply, packing a wallop for colleges – and the economy” dated January 8, 2025, submitted for the Record by Mr. Nadler of NY.
An article from New America titled “The House Reconciliation Bill Makes College Less Affordable – All to Pay for Tax Cuts for Millionaires and Billionaires”, submitted for the Record by Mr. Nadler of NY.
An article from Bellwether titled “Declining Enrollment is Leading to School Closures. How Can Districts Limit the Harm to Their Most Vulnerable Students?” dated October 5, 2023, submitted for the Record by Mr. Nadler of NY.
An article from Chicago Booth Review titled “Who’s at Fault for Student-Loan Defaults?” dated May 13, 2019, submitted for the Record by Mr. Nadler of NY.
An article from American Enterprise Institute titled “America’s R&D Rethink Threatens Its Innovation Supremacy” dated April 1, 2025, submitted for the Record by Mr. Correa of CA.
A graphic from AUTM titled “Driving the Innovation Economy: Academic Technology Transfer in Numbers”, submitted for the Record by Mr. Correa of CA.
A document from Biotechnology Innovation Organization (BIO) and AUTM titled “Economic Contributions of University/Nonprofit Inventions in the United States: 1996-2020, submitted for the Record by Mr. Correa of CA.
An article from American Enterprise Institute titled “Federal R&D Cuts Would Be Another (Massive) Unforced Policy Error” dated April 18, 2025, submitted for the Record by Mr. Correa of CA.
An article from The New York Times titled “U.S. Scientists Warn That Trump’s Cuts Will Set Off a Brain Drain” dated June 3, 2025, submitted for the Record by Mr. Correa of CA.
An article from The New York Times titled “Losing International Students Could Devastate Many Colleges” dated April 19, 2025, submitted for the Record by Mr. Correa of CA.
An article from The New York Times titled “These Are the U.S. Universities Most Dependent on International Students” dated May 23, 2025, submitted for the Record by Mr. Correa of CA.
An article from The New York Times titled “JD Vance Wanted to ‘Aggressively Attack’ American Universities. His Wish Has Been Trump’s Command” dated June 3, 2025, submitted for the Record by Mr. Correa of CA.
An article from Orange County Register titled “Trump is crushing America’s AI leadership. We still have time to fix it.” Dated April 23, 2025, submitted for the Record by Mr. Correa of CA.
A document titled “Costs of Federally Sponsored Research”, submitted for the Record by Mr. Correa of CA.
An article from American Immigration Council titled “New American Fortune 500 in 2024” dated September 9, 2024., submitted for the Record by Mr. Correa of CA.
An article from American Progress titled “Congressional Republicans’ Proposed Budget Reconciliation Bill Imperils 4.4 Million Pell Grant Recipients” dated May 13, 2025, submitted for the Record by Mr. Raskin of MD.
A press release from the Rubio Campaign titled “Rubio Campaign Press Release – Trump University is an Absolute Scam. Get the Facts About Pending Litigation.” Dated March 4, 2016, submitted for the Record by Mr. Raskin of MD.
An article from ABC News titled “Judge finalizes $25 million settlement for ‘victims of Donald Trump’s fraudulent university’” dated April 9, 2018, submitted for the Record by Ms. Balint of VT.
An article from USA Today titled “Trump University settlement finalized by judge at $25 million” dated April 10, 2018, submitted for the Record by Ms. Balint of VT.
An article from Ivy Coach, titled “Ivy League Tuition and Fees for 2024–2025,” comparing tuition rates among the eight Ivy Leage school, submitted for the Record by Mr. Fitzgerald of WI.
An article from Ivy Coach, titled “Ivy League Admission Statistics,” comparing the acceptance rates among the eight Ivy League schools, submitted for the Record by Mr. Fitzgerald of WI.
A Washington Post article, titled “Students Overpaid Elite Colleges $685 Million, ‘Price-fixing’ Suit Says.”, submitted for the Record by Mr. Fitzgerald of WI.
A press release from Berger Montague, titled “Plaintiffs in Elite University Price-Fixing Case Settle with Caltech and John Hopkins.”, submitted for the Record by Mr. Fitzgerald of WI.
Plaintiffs’ memorandum of law in support of their motion for class certification in the case of Corzo v. Brown, submitted for the Record by Mr. Fitzgerald of WI.
A press release from the Department of Justice, titled “Consent Decree Settles Charge of Conspiracy to Restrain Price Competition on Financial Aid Against Major Universities.”, submitted for the Record by Mr. Fitzgerald of WI.
An article by Sahaj Sharda, titled “How to Crush the Ivy League Cartel.”, submitted for the Record by Mr. Fitzgerald of WI.
Document number 753-18 filed in the case of Henry v. Brown University on December 16, 2024, submitted for the Record by Mr. Fitzgerald of WI.
A graphic titled "Benefitting Society and the Economy: Academic Technology Transfer for 2023", submitted for the Record by Mr. Correa of CA.