Reply to Would ED/EA ever end without legislation?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]The ongoing antitrust lawsuit could put an end to it. Colleges, like any businesses, can't agree to restraints on trade. They can't agree to a particular deadline. And they coordinate to blacklist or punish a student who violates an ED agreement (which is not legally binding).

https://www.cohenmilstein.com/wp-content/uploads/2025/08/Complaint-DAmico-v-Consortium-on-Financing-Higher-Education-August-8-2025.pdf[/quote]
It’s not legally blinding but a college is never required to ever consider your application. So long as they aren’t discriminating, a college could arbitrarily decide applications submitted on wednesdays and sundays will be cut.[/quote]

It's the coordination that's not acceptable and the anti competitive effects. The effect of the coordination amongst schools to enforce these agreements is to eliminate price competition (competition on financial aid and scholarships). You can't do horizontal restraints of trade like this. [/quote]

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