Colleges Getting Together to Trade Notes on Financial Aid?

i'd be very mad if starbucks and duncan doughnuts got together once a month to discuss coffee prices. Why are colleges allowed to do this? How do they defend this practice? Well, you know, it is illegal. That's why itod carved out these schools,. If they were to adhere to this system of not thinking about people's ability to pay, i think barny frank, who was in congress at the time, said, we need to be concerned about a student's ability to do the work now where their parents came from.