Close Menu
ceofeature.com

    Subscribe to Updates

    Subscribe to our newsletter for the latest leadership tips, exclusive interviews, and expert advice from top CEOs. Simply enter your email below and stay ahead of the curve!.

    What's Hot

    Egypt pound hits record low as US-Israeli war with Iran escalates

    March 30, 2026

    AfDB says Africa’s growth risks were tilted to downside even before Iran conflict

    March 30, 2026

    UBS raises EUR/CZK forecast on Iran war risk sentiment

    March 30, 2026
    Facebook X (Twitter) Instagram
    ceofeature.com
    ceofeature.com
    ceofeature.com
    • Home
    • Business
    • Lifestyle
    • CEO News
    • Investing
    • Opinion
    • Market
    • Magazine
    Facebook X (Twitter) Instagram YouTube
    Subscribe
    ceofeature.com
    Home Brown, Penn, Harvard subpoenaed by Rep. Jim Jordan’s committee
    Business

    Brown, Penn, Harvard subpoenaed by Rep. Jim Jordan’s committee

    Daniel snowBy Daniel snowJuly 2, 20253 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email Copy Link


    A person walks past a sign of the Brown University, in Providence, Rhode Island, U.S., March 17, 2025. 

    Brian Snyder | Reuters

    The House Judiciary Committee issued subpoenas Tuesday to Brown University and the University of Pennsylvania, demanding additional documents from the schools as part of an ongoing probe into alleged antitrust violations in Ivy League tuition and financial aid policies.

    The two subpoenas mirrored one that was issued by the committee last week to Harvard University.

    Brown, Penn and Harvard are among a group of eight Ivy League universities that all received letters from the committee In April, demanding a huge tranche of documents and records.

    It was unclear Tuesday whether the other five schools that had received demands would also be issued subpoenas. They are Dartmouth University, Princeton University, Columbia University, Cornell University and Yale University.

    The committee says it is investigating whether the Ivy League universities collectively raised their tuition rates in what amounted to a kind of price-fixing.

    It is also weighing whether the schools used their knowledge of applicants’ personal financial situations to inform tuition aid packages that maximized how much the schools collected. The committee described this practice as tantamount to price discrimination.

    Read more CNBC politics coverage

    In Tuesday’s letters, committee chair Rep. Jim Jordan of Ohio and subcommittee chair Scott Fitzgerald of Wisconsin wrote that both Brown’s and Penn’s responses to the original document requests in April had been “inadequate.”

    Those requests laid out 11 topics on which the committee wanted all records and emails and internal documents from the schools dating back six years.

    A spokesperson for Brown told CNBC the university has “consistently cooperated” with the congressional investigation.

    “While the House Committee’s July 1 subpoena was unnecessary given our voluntary compliance,” the spokesperson said, “We fully recognize the committee’s oversight authority and will continue to provide the committee with information it has requested.”

    Likewise, Penn has “promptly and consistently” engaged with the committee’s requests, a spokesperson told CNBC. As part of this engagement, the school has provided more than 8,000 pages of documents to Congress so far.

    Brown and Penn have until July 22 to comply with the subpoenas. Harvard was given until July 17.

    According to the committee, the university subpoenas and the documents they compel will inform “potential legislative reforms” Congress is considering.

    These include “whether existing civil and criminal penalties and current antitrust law enforcement efforts are sufficient to deter anticompetitive practices among higher education institutions.”

    A degree from the University of Pennsylvania in Philadelphia has the biggest impact on graduates’ salaries according to the Wall Street Journal.

    F11photo | Istock | Getty Images



    Source link

    Follow on Google News Follow on Flipboard
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Daniel snow
    • Website

    Related Posts

    Asana CEO Says Landing Jobs at Big Tech Is Still a “Long Shot” for Gen Z

    March 9, 2026

    AI Infrastructure Startup Nscale Raises $2 Billion at $14.6 Billion Valuation with Nvidia Support

    March 9, 2026

    MrBeast Expands Into Fintech With Acquisition of Step

    February 10, 2026
    Leave A Reply Cancel Reply

    Top Posts

    What Happens When a Teen Prodigy Becomes a Power CEO?

    September 15, 2025

    Acun Ilıcalı and Esat Yontunç Named in Expanding Investigation as Authorities Remain Silent

    January 27, 2026

    Queen of the North: How Ravinna Raveenthiran is Redefining Real Estate with Resilience and Compassion

    October 22, 2024

    Redefining leadership and unlocking human potential, Meet Janice Elsley

    June 4, 2025
    Don't Miss

    Egypt pound hits record low as US-Israeli war with Iran escalates

    By Daniel snowMarch 30, 2026

    Egypt pound hits record low as US-Israeli war with Iran escalates Source link

    AfDB says Africa’s growth risks were tilted to downside even before Iran conflict

    March 30, 2026

    UBS raises EUR/CZK forecast on Iran war risk sentiment

    March 30, 2026

    Asia FX muted with Iran war in focus; yen buoyed by BOJ, intervention signals

    March 30, 2026
    Stay In Touch
    • Facebook
    • Twitter

    Subscribe to Updates

    Subscribe to our newsletter for the latest leadership tips, exclusive interviews, and expert advice from top CEOs. Simply enter your email below and stay ahead of the curve!.

    About Us
    About Us

    Welcome to CEO Feature, where we dive deep into the exhilarating world of entrepreneurs and CEOs from across the globe! Brace yourself for captivating stories that will blow your mind and leave you inspired.

    Facebook X (Twitter)
    Featured Posts

    The Art of Private Luxury – Vanke Jinyu Huafu by Mr. Tony Tandijono

    September 28, 2018

    5 Simple Tips to Take Care of Larger Air Balloons

    January 4, 2020

    5 Ways Your Passport Can Ruin Your Cool Holiday Trip

    January 5, 2020
    Worldwide News

    Huawei Looking to License Smartphone Designs to Get Around US Trade Ban

    January 14, 20210

    Into the Abyss: An Extreme Sports Reading List

    January 16, 20210

    Blood Proteomic Survey in Undiagnosed Population with COVID-19

    January 19, 20210
    • www.ceofeature.com
    @2025 copyright by ceofeature

    Type above and press Enter to search. Press Esc to cancel.