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The U.S. Equal Employment Opportunity Commission on Tuesday announced a suit against Kaplan Higher Education, charging that the for-profit university was violating the rights of black job applicants by considering credit histories in deciding whom to hire. "This practice has an unlawful discriminatory impact because of race and is neither job-related nor justified by business necessity," said a statement from the EEOC. Kaplan issued a statement to Bloomberg saying that it conducted the credit checks only for jobs involving financial matters, adding that the company was "proud of the diversity of our workforce."