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Massachusetts attorney general Martha Coakley has filed a lawsuit against one of the nation's largest for-profit education companies, Corinthian Colleges, alleging that the company uses deceptive marketing and loan techniques to enroll students and increase profits. In Massachusetts, Corinthian operates two branches of its Everest Institute.  As described in the Boston Globe, the AG's lawsuit filed in state court in Massachusetts accuses the for-profit education giant of luring students with misleading promises of employment and pay into education programs that leave them heavily in debt.  In an interview with the newspaper, Coakley said, "The only ones who are doing well in this appear to be the [company's] investors." A Corinthian spokesman told the paper that Coakley was ignoring substantial positive evidence about the student success  at the company's two Massachusetts campuses. In a statement, Corinthian said in part, “The Massachusetts Attorney General’s Office disregards substantial, independent evidence that our two schools in Massachusetts have a strong record of offering students a quality education and treating them honestly and fairly.” 

 


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