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July 30, 2015

Homework Help: Econnomics

Posted by jon on Tuesday, February 28, 2012 at 11:24pm.

Historically, officials from 23 northeastern colleges with selective admissions policies and high tuition met each spring to compare financial aid packages for more than 10,000 common applicants. The meetings, known as “Overlap”, were designed to eliminate any differences in the financial aid packages offered by the various colleges. What would you predict would be the effect on net price (tuition less financial aid) paid by the applicants to the colleges participating in the Overlap meetings? Are there any factors that would work to undermine the ongoing viability of the Overlap practice? If so, what might these factors be?

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