California accuses owner of Everest College and Heald College of 'predatory' ads
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| California Atorney General Kamala Harris gestures while standing by a display showing the target demographic of Corinthian Colleges during a news conference. (AP Photo/Eric Risberg) |
SAN FRANCISCO — California's attorney general filed a lawsuit Thursday accusing a for-profit college company of misrepresenting job placement rates, false advertising and other deceptive practices to lure low-income residents to take out student loans to attend its schools.
The lawsuit against Corinthian Colleges Inc. was part of a larger investigation of the entire for-profit college industry, state Attorney General Kamala Harris said in San Francisco.
Santa Ana-based Corinthian operates Everest, Heald and WyoTech colleges, which have a combined 81,000 students nationwide and 27,000 students in California. It operates Everest College in Portland, Everest Institute in Tigard and Heald College in Portland.
Harris said the majority of those students are minorities in their mid-20s with annual