Sections
Shortcuts
Business

Coakley sues for-profit school, alleging deceptive practices led to few jobs, high student debt

Attorney General Martha Coakley in recent months has focused on the for-profit college industry.
Attorney General Martha Coakley in recent months has focused on the for-profit college industry.Steven Senne/Associated Press

This is a summary. To read the whole story subscribe to BostonGlobe.com

Attorney General Martha Coakley filed suit Thursday against a for-profit school with locations in Brighton and Chelsea, alleging it used aggressive and deceptive marketing tactics.

Corinthian Colleges Inc. and Corinthian Schools, Inc., a publicly traded industry giant with about 100 campuses in North America, including two in Massachusetts, lured students with misleading promises of employment and pay, and left them burdened with heavy debts, according to the complaint filed in Suffolk Superior Court.

Corinthian pushed students to take out subprime loans through the school, which charged interest rates as high as 18 percent, so they could qualify for federal student loans, Coakley alleged in the complaint.

Full story for BostonGlobe.com subscribers.

Get the full story with unlimited access to BostonGlobe.com.

Just 99 cents for four weeks.

Sections
Shortcuts

Share