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This photo shows an Everest Institute sign on an office building in Silver Spring, Md. In the two decades since trade schools started popping up on U.S. stock exchanges to maximize profits, allegations of misconduct have been rampant. On July 1, 2015, new rules go into effect for any school with a career-training program. The U.S. Education Department estimates it loaned some $3.6 billion in the past five years to Corinthian students before the government forced it to sell or close its campuses. (AP Photo/Jose Luis Magana, File)

This photo shows an Everest Institute sign on an office building in Silver Spring, Md. In the two decades since trade schools started popping up on U.S. stock exchanges to maximize profits, allegations of misconduct have been rampant. On July 1, 2015, new rules go into effect for any school with a career-training program. The U.S. Education Department estimates it loaned some $3.6 billion in the past five years to Corinthian students before the government forced it to sell or close its campuses. (AP Photo/Jose Luis Magana, File)

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