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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.