Word: leffler
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...Keith Leffler, a University of Washington anti-trust economist who testified for the government, says that the "Overlap Arrangement" stifled competition and allowed the universities to raise their tuition without losing low-income talent that prestigious schools desire...
...average price of tuition was higher than what would have been expected in the absence of Overlap," Leffler says...
...government also contended that Overlap drove down the aid available to low-income students, who are a valued resource of these universities, which Overlap made easier to attract, Leffler said...
...Your school is very well represented in Congress," Leffler says...
...Overlap arrangement, says Keith Leffler, a University of Washington antitrust economist who testified for the government, allowed member schools to raise their gross tuition (now often called the "sticker price") to very high levels without scaring off talented low-income students. The wealthiest students would come no matter what, and might even be attracted by the high prices. Says Leffler: "There's no doubt [Overlap] artificially inflated tuition prices...