Friday Morning: Penn, Ivy League under investigation for price-fixing

Friday, April 11

Good morning, Penn.

Happy Friday, Penn! As we get ready for the weekend, remember, there are only three more weeks left in the semester!

The University is checking the status of students’ visas twice a day amid visa revocations. and Penn’s Faculty Senate hosted an event yesterday addressing the future of higher education.

But first, Congressional Republicans announced an investigation into all eight Ivy League schools, including Penn, for alleged violations of antitrust laws.

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TODAY'S TOP STORY

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Penn, Ivy League under investigation for alleged price-fixing scheme

Congressional Republicans announced an investigation into all eight Ivy League institutions — including Penn — for alleged violations of antitrust laws yesterday.

In an April 8 letter addressed to Penn President Larry Jameson, the United States House of Representatives and Senate Committees on the Judiciary accused the Ivy League of "anticompetitive pricing practices" in their financial aid practices. The letter demanded that the University turn over documents related to admissions and communications by April 22.

The letter comes as Penn is one of four universities that has yet to settle an ongoing lawsuit with the Department of Justice alleging that the universities participated in a "price-fixing cartel" to decrease financial aid and benefit wealthy students. Penn was also among 40 elite universities named in a separate price-fixing lawsuit in October of 2024 alleging the consideration of noncustodial parents when determining financial aid packages.

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FIVE MORE BIG STORIES

Penn is checking the status of students’ visas twice a day through the Student and Exchange Visitor Information System as the federal government continues to terminate student immigration statuses.

Drexel University has begun cracking down on food trucks, citing a push to enforce Philadelphia parking laws — including those banning overnight parking.

The Faculty Senate hosted an event at the Kleinman Center for Energy Forum addressing the future of higher education amid federal policy changes affecting universities.

The Daily Pennsylvanian profiled Julian Francis Abele, the first Black graduate from Penn’s architecture department.

100 years ago this month, The Mask and Wig Club made history by releasing an electrical recording using the then-brand-new Western Electric system.

OPINION

Photo by Devin Khemalaapit

ABHIRAM JUVVADI, president of The Daily Pennsylvanian, Inc., reflects on navigating challenges and growth at Penn.

SPORTS

Former Rider assistant coach Ben Luber has been named to Fran McCaffery's Penn men's basketball staff.

1997 Wharton graduate and Penn football and baseball alum Mark DeRosa will serve as Team USA’s manager at the 2026 World Baseball Classic.

TODAY IN DP HISTORY

Photo: Devansh Raniwala

In 2006, Penn students joined demonstrators in Philadelphia to protest in support of immigrant rights. This past week, the Trump administration revoked “at least three” Penn students’ visas and terminated their immigration statuses.

THIS WEEK IN PRINT

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Click here to play today's mini crossword, which was constructed by Insia Haque.

And click here to play today’s Password puzzle, which was constructed by Andrew Zhang.

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Today's newsletter was copy edited by Nicholas Maharaj.

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