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The Boston Globe

Business

Martha Coakley widens probe of for-profit schools

Targets lending and recruiting

Massachusetts Attorney General Martha Coakley has broadened her investigation into recruiting and lending practices at for-profit colleges and trade schools, which critics say leave students with mountains of student loan debt, but often do not lead to decent-paying jobs.

Coakley, who began examining a handful of schools two years ago, said she is now looking into whether more than a dozen institutions that do business in Massachusetts misled prospective students about the cost of course work, the odds they would graduate, or the likelihood they would find employment in their field of study.

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