Trump University Under Investigation
Trump University is one of several for-profit schools under investigation by the New York Attorney General.
"We are aware that for-profit education institutions have become the subject of nationwide scrutiny," George Sorial, managing director of The Trump Organization, said in a statement to CNN.
The New York Times claims that this latest inquiry is part of a broader investigation of for-profit education institutions. The investigation began because of several complaints from former students.
Other for-profit schools, like Bridgepoint Education and Corinthian Colleges, also confirmed on Friday that they have received inquiries from the state and are willing to cooperate in the investigation.
Trump University is already currently being sued by former California students. The students spent thousands of dollars on workshops and mentorships and, disappointed with the results, they claim the school was misleading.
"The primary lesson Trump University teaches its students is how to spend more money buying more Trump seminars," according to the class-action suit.
A three-day workshop costs $1,495, and a "full education" adds up to $34,995.
Students are lured in with the Trump name, but Trump University fails to deliver on its promises of success in real estate.
Last year, Trump University renamed itself Trump Entrepreneur Initiative when the New York State Education Department said the company cannot use the term "university" without its consent.
Trump often capitalizes on his brand recognition, attaching his name on everything from hotels to bottled water.