The rise of trade schools: Why did the gov't let many trade schools turn into diploma mills?
July 01, 2015 at 08:34 AM EDT
How did trade schools go from being mom-and-pop shops that trained mechanics and hair stylists to making billions on Wall Street? And if the industry is as predatory as the Education Department and many lawmakers suggest, why didn't they stop it? In 1990, there wasn't a single publicly traded college.