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DeVry University
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DeVry University (/dəˈvraɪ/) is a private for-profit university in the United States. It offers both onsite (campus-based) and online programs. The university was founded in 1931 by Herman A. DeVry and is accredited by the Higher Learning Commission. It has been the subject of several government investigations and lawsuits alleging false or deceptive claims.
Key Information
History
[edit]Early history (1931–1970)
[edit]DeVry was founded in 1931 as the De Forest Training School in Chicago, Illinois.[2] School founder Herman A. DeVry, who had previously invented a motion picture projector and produced educational and training films, named the school after his friend Lee de Forest.[2] De Forest Training School originally taught projector and radio repair, but later expanded to include other electronic equipment such as televisions.[2] After its founder's death in March 1941, the school was renamed DeVry Technical Institute in 1953 and gained accreditation to confer associate degrees in electronics in 1957.[2]
Bell & Howell completed its acquisition of DeVry Technical Institute in 1967. A year later, the company acquired the Ohio Institute of Technology and DeVry was renamed DeVry Institute of Technology,[2][3] which was accredited to confer bachelor's degrees in electronics in 1969.[2]
Keller Graduate School of Management (1970–1990)
[edit]Dennis Keller and Ronald Taylor met one another in the early 1970s when the two were teachers at DeVry.[2] Keller and Taylor learned the economics of for-profit education while at DeVry and, in 1973, the two founded the Keller Graduate School of Management with $150,000 in loans from friends and family.[4] The school was originally conceived as a day school that granted certificates.[4] In 1976, the Keller School became an evening program offering MBAs, focused on working adults.[4] The school was fully accredited by the North Central Association of Colleges and Schools in 1977, becoming the first for-profit school to be accredited by the body.
DeVry first received full accreditation in 1981.[4] The Keller Graduate School of Management acquired DeVry from Bell & Howell in 1987.[5] The leveraged buyout was worth $147.4 million.[4][5] The two schools were combined as DeVry Inc., with Keller acting as chairman and CEO and Taylor as president and COO.[2]
DeVry Education Group (1990–2018)
[edit]DeVry Inc. completed its initial public offering on June 21, 1991.[6][better source needed] In 1992, DeVry lost the highest scoring basketball game in history to Troy State University (now Troy University), 258 to 141.
In 1995, its stock began trading on the New York Stock Exchange.[7]
In 1996, DeVry acquired Becker CPA Review—a firm that prepared students for the Uniform Certified Public Accountant Examination—for an undisclosed amount of cash,[8] the tentative purchase price of which was US$18.685 million (about equivalent to US$37,000,000 in 2024).[9] In 2003, DeVry acquired Ross University, a medical and veterinary school based in the Caribbean, for a price variously reported at $310 million (about $530 million in 2024)[10] and $329 million ($562 million in 2024).[11] DeVry moved into the nursing field in March 2005 with the acquisition of Deaconess College of Nursing, a St. Louis–based nursing college that conferred both associate's and bachelor's degrees in nursing,[2] at a price variously reported at about $5.3 million ($8.53 million in 2024)[12] and $5.4 million ($8.69 million in 2024).[11] Deaconess College of Nursing was later renamed Chamberlain College of Nursing.[2]
DeVry Inc. entered Brazil with its 2009 acquisition of Faculdade Nordeste (FANOR), Ruy Barbosa and ÁREA 1, which are universities located in the Northeast of Brazil.[13]
In 2010, DeVry University had nearly 90 campus learning sites in 26 states and more than 7,000 employees. The parent company had more than 12,000 employees. DeVry University's undergraduate enrollment reached 68,290 students by the summer of 2010.[14]
In 2012, the university acquired Faculdade Boa Viagem and Faculdade do Vale do Ipojuca.[13] DeVry acquired a sixth Brazilian university, Faculdade Differencial Integral, in 2013.[13] DeVry Inc. was renamed DeVry Education Group later that year.[15] DeVry Education Group changed its name to Adtalem Global Education in May 2017,[16] and announced in December 2017 that they would hand off DeVry University and Keller Graduate School to Cogswell Education (a division of Palm Ventures) for no upfront cost, pending regulatory and accreditor approval.[17]
In December 2018, the parent company Adtalem finalized the handover of both DeVry University and Keller Graduate School of Management to Cogswell Education.[18]
Cogswell Education (Since 2018)
[edit]DeVry University's parent company is Cogswell Education, LLC. Cogswell purchased DeVry at no original cost from Adtalem Education. However, Cogswell could pay up to US$20 million.[19] Cogswell Education is headquartered in Greenwich, Connecticut.[20][21] The principal investor is Bradley Palmer of Palm Ventures.[20][21] Mr. Palmer has been involved in flipping Heald College, UEI College, and American Education Center.[22]
In December 2018, in a report titled VA's Oversight of State Approving Agency Program Monitoring for Post-9/11 GI Bill Students, the Department of Veterans Office of Inspector General mentioned DeVry's use of false claims. However the Veterans Affairs office did not indicate that any action would be forthcoming.[23]
In 2020, Tom Monahan III became president and CEO of DeVry.[24]
In 2022, the US government discharged more than $71 million in student loan debt for 1,800 former students of DeVry University, asserting that the university deceived students in the enrollment process.[25]
In 2023, Elise Awwad became the first female President and CEO of DeVry. The main campus and headquarters were moved to Lisle, Illinois.[26]
Devry has a case pending in Illinois challenging borrower defense to repayment (fraud) claims against the school. More than 30,000 fraud claims have been filed against DeVry.[27]
Locations and campus closures
[edit]Between 2020 and 2022, all DeVry campuses were closed due to the COVID-19 pandemic.[28] DeVry University has a presence at one military installation at Twentynine Palms, California.[29] List of DeVry campuses and learning centers, as of 2024[update]:[30]
Arizona (73 students)
- Phoenix Campus
California (1,677 students)
- Folsom Campus
- Newark Campus
- Ontario Campus
- San Diego Campus
- San Jose Center
- Sherman Oaks Campus
- Twentynine Palms Military Base Extension
Florida (294 students)
- Orlando Campus
Georgia (532 students)
- Decatur Campus
Illinois (26,384 students, includes online)
- Addison Campus
- Chicago Campus
- Chicago Loop Campus
- Naperville Center
Nevada (10 students)
- Henderson Campus
New Jersey (95 students)
- Iselin Campus
New York (586 students)
- Midtown Manhattan Campus
Ohio (226 students)
- Columbus Campus
Texas (108 students)
- Irving Campus
- San Antonio Campus
Virginia (71 students)
- Arlington Campus
Campus closures
[edit]In April 2015, DeVry University announced the closing of 14 campuses around the United States by 2016. The closures occurred in Kansas City; Memphis; Houston; St. Louis; Tampa; Greenwood Village, Colorado; Edina, Minnesota; Milwaukee; and Maryland Heights, Missouri.[31] Students affected by the campus closings were eligible for discounted tuition to attend online or other campus locations for the remainder of their degree program.[32] In fiscal year 2018, DeVry closed eight additional campuses.[33] According to the US Department of Education, DeVry closed five more campuses between 2019 and 2020.[34] In 2021, Raleigh (NC), Merrillville (IN), Paramus (NJ) and Cleveland (OH) sites were closed. In 2022, at least 15 additional campuses closed.[35]
Academics
[edit]DeVry University offers undergraduate and graduate programs onsite and online within its six areas of study: Accounting, Business, Healthcare, Technology, Liberal Arts, and Media Arts & Technology.[36]
DeVry operates on a uniform academic calendar for both undergraduate and graduate degree programs.[13] The university's academic calendar consists of six eight-week sessions.[13] Most degree programs are offered at both the associate's and bachelor's level. In addition, the institution offers various certificate programs in specific subfields such as information technology.
Courses and programs are also offered online.[37] DeVry has offered graduate classes online since 1998 and undergraduate classes since 2001.[13]
Faculty
[edit]The US Department of Education's College Navigator reports 61 full-time faculty and 765 part-time instructors for 26,384 students at DeVry-Illinois.[38]
Accreditation
[edit]DeVry is accredited by the Higher Learning Commission.[39] Engineering technology programs are accredited campus-by-campus.
Student outcomes
[edit]According to the National Center for Education Statistics, DeVry University-Illinois has a six-year graduation rate of 28%, for first-time full-time students who began their studies in 2013.[40] While the university's 3-year student loan default rate is 11.2%, a Brookings Institution report found that DeVry's five-year default rate was 43%.[41] The College Scorecard reports of a graduation rate of 18% for DeVry University-Illinois. Of those students in repayment, 31% were in forbearance, 29% were not making progress, 10% were in deferment, 10% defaulted, 10% were making progress, 6% were delinquent, 3% were paid in full, and 1% were discharged.[42] For the 2018–19 academic year, the amount that all undergraduate students received in federal student loans was $69.42 million.[1] Median salary after attending ranges from $23,000 to $62,000 depending on the field of study and location.
Investigations, lawsuits, and settlements
[edit]DeVry University has been the subject of numerous investigations and lawsuits alleging a variety of false or deceptive practices. Some of the cases led to multi-million dollar settlements, though DeVry continued to deny the allegations.[43][44][45] In 2014, accumulated student loan debt from DeVry University and Keller, its graduate school, was about $12.1 billion.[46]
1990s
[edit]In March 1995, DeVry's ability to grant U.S. degrees through its Calgary facilities was discussed during a session of the Alberta Legislative Assembly. Therein, Grant Mitchell—then the Leader of the Opposition for the Alberta Liberal Party—accused the Premier of Alberta, Ralph Klein, of maintaining a conflict of interest with DeVry through his relationship with John Ballheim, who was at the time an executive at DeVry serving as both the president of DeVry's Calgary campus and as a member of the Premier's special advisory council on postsecondary education.[47] Klein denied any conflict of interest.[47] In 1995, DeVry was also suspended from the Ontario Student Assistance Program after a large number of its students misreported their income. DeVry was reinstated after paying fines of C$1.7 million (equivalent to C$3.05 million in 2023) to Ontario and putting up a letter of credit totalling C$2 million (C$3.59 million in 2023).[48]
In 1996, students of DeVry's Toronto campus filed a class-action suit of C$400 million (C$707 million in 2023.[49]) claiming poor educational quality and job preparation;[50] the suit was dismissed on technical grounds.[51][52]
2000s
[edit]In November 2000, Afshin Zarinebaf, Ali Mousavi, and another graduate of one of DeVry University's Chicago-area campuses filed a class-action lawsuit accusing DeVry of widespread deception, unlawful business practices, and false advertising, alleging that students were not being prepared for high-tech jobs.[53] The lawsuit contributed to a 20% slide in the company's stock.[54] The suit was not certified and the case was resolved for less than US$25,000 (US$38,994 in 2024) in June 2006.[55]
In 2001, DeVry became the first for-profit college or university to obtain permission from the Alberta Canada provincial government to grant degrees, on recommendation by the Private Colleges Accreditation Board.[56][circular reporting?] This decision was opposed by the Alberta New Democrats (sitting in opposition),[57][58] the University of Calgary Faculty Association, the Canadian Federation of Students, and the Canadian Association of University Teachers.[58]
In January 2002, Royal Gardner, a graduate of one of DeVry University's Los Angeles–area campuses, filed a class-action complaint against DeVry Inc. and DeVry University, Inc. on behalf of students in the post-baccalaureate degree program in Information Technology. The suit alleged that the nature of the program was misrepresented by the advertising. The lawsuit was dismissed and refiled. During the first quarter of 2004, a new complaint was filed in the same court by Gavino Teanio with the same general allegations. This action was stayed pending the outcome of the Gardner lawsuit. The lawsuits were being settled in late 2006.[55]
In April 2007, the states of New York, Illinois, and Missouri settled with three institutions that were participating in questionable student-loan practices. DeVry, Career Education Corporation, and Washington University in St. Louis were involved with the settlement. DeVry agreed to refund US$88,122 (US$133,633 in 2024) it received in revenue sharing from Citibank to students.[59]
In 2008, DeVry was accused of filing false claims and statements about recruitment pay and performance to the government of the United States.[60]
2010s
[edit]DeVry was one of the universities highlighted in the 2018 documentary Fail State, which followed several stories of students who struggled with student loan debt after attending for-profit colleges. Murray Hastie, an Iraq War veteran with post-traumatic stress disorder, told his story about how he ended up with $50,000 in student loan debt after his experience at DeVry.[61]
In January 2013, a lawsuit was filed by a former manager at DeVry which alleged that the college bribed students for positive performance reviews and worked around federal regulations on for-profit colleges.[62] In April 2013, the attorneys general of Illinois and Massachusetts issued subpoenas to DeVry to investigate for violations of federal law and filing false information about loans, grants, and guarantees.[63][64] In July 2014, DeVry stated that the office of the New York Attorney General was investigating whether the company's marketing violated laws against false advertising.[65]
In March 2016, the Veterans Administration reprimanded DeVry over allegations of deceptive marketing practices made by the Federal Trade Commission and suspended DeVry University from its "Principles of Excellence" status under the G.I. Bill.[66][67] On December 15, 2016, the Federal Trade Commission settled a US$100 million suit against DeVry, which alleged that DeVry's advertisements deceived consumers about the likelihood that students would find jobs in their fields of study, and would earn more than those graduating with bachelor's degrees from other colleges or universities.[68] Students were eligible for a refund who: enrolled in a bachelor's or associate degree program at DeVry University between January 1, 2008, and October 1, 2015; paid at least US$5,000 with cash, loans, or military benefits; did not get debt or loan forgiveness as part of this settlement; and completed at least one class credit.[69]
Separately, on June 16, 2016, two former DeVry students filed a demand for arbitration with the American Arbitration Association. DeVry responded by suing the students, claiming the dispute belongs in court and not in arbitration.[70]
In May 2017, the Higher Learning Commission designated DeVry "under governmental investigation" as a result of a Massachusetts Attorney General investigation alleging "fraudulent or deceptive practices".[71] In September 2017, the Higher Learning Commission removed this designation after DeVry negotiated a settlement.[72]
In August 2018, the Associated Press reported that according to United States Department of Education documents, DeVry received more than 3,600 (over 15%) of the 24,000 federal fraud complaints lodged against for-profit colleges between January 20, 2017, and April 30, 2018. This is in conjunction with a "nearly 20 percent" decrease in enrollment in the last year.[73]
In March 2019, former DeVry student Eric Luongo was invited to testify before the House Subcommittee on Labor, Health and Human Services, Education and Related Agencies about his experience at the university. Luongo, a disabled veteran, said he thought he would attend DeVry for free by using his GI Bill benefits. Luongo alleged that he was coerced into filling out federal loan paperwork and signing promissory notes. The result was that the veteran was left with over $100,000 in debt and a degree in graphic design with which he failed to procure gainful employment.[74]
2020s
[edit]In 2022, DeVry University was one of 153 institutions included in student loan cancellation due to alleged fraud. The class action was brought by a group of more than 200,000 student borrowers, assisted by the Project on Predatory Student Lending, part of the Legal Services Center of Harvard Law School. A settlement was approved in August 2022, stating that the schools on the list included "substantial misconduct by the listed schools, whether credibly alleged or in some instances proven."[75][76] In April 2023, the Supreme Court rejected a challenge to the settlement and allowed to proceed the debt cancellation due to alleged fraud.[77]
Alumni
[edit]Notable DeVry University alumni include:
- Dave Bennett, Class of 1985, software engineer and CTO
- Steve Cartwright,[78][79] Class of 1977,[78] video game designer
- David Crane,[78][79] Class of 1975,[78] co-founder of Activision
- Wendell Gilliard, politician, attended Bell and Howell School of Technology
- Adeline Gray, three-time world champion wrestler
- George Weah, President of Liberia and retired soccer player, attended DeVry in Miami
- Sean Wiley, Class of 1993, Pennsylvania state senator[80]
Keller Graduate School of Management alumni:
- Catherine Afeku, Ghanaian politician and Cabinet Minister[81]
- J. D. Mesnard, politician, MPA from Keller Graduate School of Management
- Gabriela Mosquera, New Jersey General Assemblywoman[82]
- Xavier Serbiá, Puerto Rican financial advisor, former singer and actor, member of boy band Menudo from 1980 to 1983.
Past partnerships and political interests
[edit]In 2011, DeVry University partnered with the United States Olympic Committee (USOC) to become an official education provider for the United States' Olympic teams.[5] In April 2016, the USOC announced an extension of its partnership with DeVry through 2020. According to the USOC, more than 125 Team USA student athletes were enrolled in DeVry programs.[83]
In April 2014, DeVry University was named the "official education provider" for NFL Pro Legends, a group supporting players, coaches and other professionals who worked for NFL teams.[84]
DeVry University was the official education and career development partner of Minor League Baseball. DeVry University and its Keller Graduate School of Management will provide higher education opportunities at the undergraduate and graduate levels for players, their spouses, umpires and National Association of Professional Baseball Leagues (NAPBL) employees and alumni through 2017.[85]
The peak year for DeVry's lobbying in Congress was 2011, when it spent more than $720,000.[86] The largest amount went to Thompson Coburn LLP. Democratic lobbyist Heather Podesta was a major lobbyist for DeVry University from 2010 to 2015.[87][88][89]
Adtalem's stock price rebounded after the inauguration of Donald Trump in 2017.[90] This has been attributed to deregulation by the U.S. Department of Education under Secretary Betsy DeVos, which contrasted with the more prosecutorial approach of the Obama administration.[90]
See also
[edit]References
[edit]- ^ a b "College Navigator - DeVry University-Illinois". National Center for Education Statistics. Retrieved August 18, 2020.
- ^ a b c d e f g h i j Rachel Martin; Suzanne Clark York. "DeVry Inc". Vol. 82. International Directory of Company Histories.
- ^ John F. Ohles; Shirley M. Ohles (December 29, 1982). Private Colleges and Universities. Greenwood Press. ISBN 9780313233234. Retrieved May 26, 2014.
- ^ a b c d e Ronald Taylor; Dennis Keller (May 27, 1991). "Good school story: how a couple of Ivy League entrepreneurs successfully compete with state colleges – and make money". Forbes. Archived from the original on May 27, 2014. Retrieved May 26, 2014.
- ^ a b c Jesse McKinley (January 28, 2014). "DeVry Becomes an Unlikely Olympic Powerhouse". The New York Times. Retrieved May 26, 2014.
- ^ Young, David (March 12, 1993). "Devry's Trade School Image Is On The Way Out". Business. Chicago Tribune. Archived from the original on May 19, 2018. Retrieved May 19, 2018.
Wall Street has caught a certain amount of that optimism. The price of DeVry stock climbed to $24 at the close of the market Thursday from $10 in the initial public offering June 21, 1991.
- ^ "Our Innovative History & Heritage – DeVry University". Devry.edu. Retrieved May 11, 2017.
- ^ "Devry Education Group Inc. – '8-K' for 6/19/96 – EX-99 (Press Release)". Securities Information & Business Intelligence. Fran Finnegan & Company. July 3, 1996. p. 1. Archived from the original on May 21, 2018. Retrieved May 21, 2018.
DeVry Inc. [...], a national system of career-oriented, higher-education institutes, has acquired the Becker CPA Review business for cash.
Ziemba, Stanley (June 20, 1996). "Devry Acquires Cpa Training Firm". Business (Thursday Ticker). Chicago Tribune. Archived from the original on May 21, 2018. Retrieved May 21, 2018. - ^ "Devry Education Group Inc. – '8-K' for 6/19/96 – EX-2 (Purchase Agreements)". Securities Information & Business Intelligence. Fran Finnegan & Company. July 3, 1996. pp. 1–2. Archived from the original on May 21, 2018. Retrieved May 21, 2018.
[§ 1.1.4 Determination of Tentative Purchase Price.] [...] The 'Tentative Purchase Price' payable at Closing shall be $18,685,000 minus the Book Value Adjustment Amount on Schedule 1.4.
- ^ Blumenstyk, Goldie (March 21, 2003). "DeVry Buys Offshore Medical and Veterinary School for $310-Million". The Chronicle of Higher Education. Archived from the original on May 21, 2018. Retrieved May 21, 2018.
DeVry Inc. announced late Wednesday that it will pay $310-million in cash to buy Ross University, which operates a medical school and a veterinary school in the Caribbean.
{{cite news}}: CS1 maint: bot: original URL status unknown (link) - ^ a b Murphy, H. Lee (November 12, 2005). "New degrees, sites back on the books at DeVry". Crain's Chicago Business. Crain Communications. Archived from the original on May 21, 2018. Retrieved May 21, 2018.
In its first significant deal since the blockbuster 2003 purchase of Ross University in the Caribbean for $329 million, Oakbrook Terrace–based DeVry spent $5.4 million in March to acquire the Deaconess College of Nursing in St. Louis, marking the company's entry into the nursing education marketplace.
- ^ Jaschik, Scott (March 16, 2005). "DeVry Buys Nursing School". News. Inside Higher Ed. OCLC 721351944. Archived from the original on May 21, 2018. Retrieved May 21, 2018.
- ^ a b c d e f "DeVry Inc. Form 10-K". United States Securities and Exchange Commission. 2013. Retrieved May 26, 2014.
- ^ "e10vk". Sec.gov. Retrieved October 19, 2019.
- ^ Lorene Yue (November 6, 2013). "DeVry Inc. unveils new company name". Crain's Chicago Business. Retrieved May 26, 2014.
- ^ Marotti, Ally. "Parent company of DeVry University changes its name". chicagotribune.com. Retrieved December 7, 2017.
- ^ Marotti, Ally (December 5, 2017). "DeVry parent hands ownership of school to California company". Business. Chicago Tribune. Archived from the original on May 19, 2018. Retrieved May 19, 2018.
DeVry University, one of the nation's largest remaining for-profit college chains, is getting a new owner. The university's parent company, Downers Grove–based Adtalem Global Education, plans to transfer ownership of DeVry University and its Keller Graduate School of Management to Silicon Valley–based Cogswell Education, according to a news release. The deal, which still needs regulatory and accreditor approval, is expected to close in 2018.
Smith, Ashley A. (December 6, 2017). "Handing Off DeVry". News. Inside Higher Ed. OCLC 721351944. Archived from the original on May 15, 2018. Retrieved May 15, 2018.Now DeVry's parent company—Adtalem Global Education Inc.—is transferring ownership of the institution, along with Keller Graduate School of Management, to Cogswell Education LLC. DeVry and Keller together enroll nearly 30,000 students. Cogswell is the owner of Cogswell College, a California-based private for-profit institution of about 600 students, that specializes in art, game design, music and software engineering. [...] One condition calls for a minimum enrollment of 22,059 in May 2018. Cogswell can cancel the agreement if enrollments fall 1,500 students short of that target. DeVry's enrollment has fallen 21.4 percent year over year, to 19,287 as of September. Keller enrolls nearly 8,000 students.
- ^ "Adtalem Closes Sale of DeVry University & Carrington College". Yahoo! News. Retrieved December 12, 2018.
- ^ "DeVry University sold to Cogswell by Adtalem". Chicagobusiness.com. December 5, 2017. Retrieved October 19, 2019.
- ^ a b "Cogswell Education LLC: Company Profile". Bloomberg. Retrieved January 19, 2019.
- ^ a b "Catalog" (PDF). Retrieved October 19, 2019.
- ^ "Little scrutiny in DeVry sale, as DeVos targets protections". October 2018. Archived from the original on February 16, 2019. Retrieved February 16, 2019.
- ^ "Data" (PDF). www.va.gov. Retrieved October 19, 2019.
- ^ "homas L. Monahan III Named President and Chief Executive Officer of DeVry University". www.businesswire.com. Business Wire. August 17, 2020. Retrieved June 28, 2021.
- ^ Luthi, Ben. "Defrauded Students from Multiple For-Profit Schools to Have Loans Discharged". www.investopedia.com. Investopedia. Retrieved June 23, 2022.
- ^ Bizzle, Jeremy. "DeVry University moving home office, main campus to Lisle". www.cbsnews.com. CBS Chicago. Retrieved July 4, 2024.
- ^ "DEVRY UNIVERSITY, INC. Plaintiff, v. UNITED STATES DEPARTMENT OF EDUCATION" (PDF). Retrieved February 12, 2024.
- ^ "Your Partner in Learning During COVID-19". www.devry.edu. DeVry University. Retrieved February 8, 2022.
- ^ "Get Started in Twentynine Palms". DeVry University. Retrieved May 11, 2021.
- ^ "DeVry University Locations | DeVry - Keller". Devry.edu. Retrieved October 19, 2019.
- ^ "September 2015 Actions". hlcommission.org. Archived from the original on February 1, 2019. Retrieved January 31, 2019.
- ^ Greenwood, Giselle (April 24, 2015). "Houston university to close campuses permanently". Houston Business Journal. Retrieved December 7, 2015.
- ^ "Archived copy". Archived from the original on September 22, 2018. Retrieved May 25, 2018.
{{cite web}}: CS1 maint: archived copy as title (link) - ^ "Closed School Weekly/Monthly Reports". www2.ed.gov. US Department of Education. Retrieved June 28, 2021.
- ^ "U.S. DEPARTMENT OF EDUCATION" (PDF). US Department of Education. Retrieved September 10, 2022.
- ^ "Discover Our Degree Programs". DeVry University. Retrieved May 11, 2020.
- ^ "Online options". Retrieved May 22, 2007.
- ^ "DeVry University-Illinois". nces.ed.gov. Retrieved September 10, 2022.
- ^ "Statement of Accreditation Status". www.hicommission.org. Higher Learning Commission. Retrieved December 11, 2022.
- ^ "College Navigator DeVry University-Illinois". nces.ed.gov. National Center for Education Statistics. Retrieved May 6, 2020.
- ^ "Loan defaults" (PDF). Retrieved October 19, 2019.
- ^ "DeVry University-Illinois". College Scorecard. Retrieved January 31, 2021.
- ^ "DeVry University agrees to $100 million settlement with U.S. FTC". Reuters. December 15, 2016. Retrieved June 15, 2021.
- ^ Cowley, Stacy (November 11, 2018). "Borrowers Face Hazy Path as Program to Forgive Student Loans Stalls Under Betsy DeVos". The New York Times. ISSN 0362-4331. Retrieved June 15, 2021.
- ^ Lobosco, Katie (January 27, 2016). "DeVry University sued for 'deception'". CNNMoney. Retrieved June 15, 2021.
- ^ "A crisis in student loans? How changes in the characteristics of borrowers and in the institutions they attended contributed to rising loan defaults" (PDF).
- ^ a b Grant Mitchell, Leader of the Opposition (March 8, 1995). "Oral Question Period: DeVry Institute of Technology" (PDF). Alberta Hansard. Alberta: 23rd Alberta Legislative Assembly (3rd Session). pp. 434–435. Archived (PDF) from the original on May 19, 2018. Retrieved May 19, 2018.
- ^ Kuitenbrouwer, Peter (April 3, 1997). "A harsh lesson in student loans". Eye Weekly. Toronto Star Newspapers Limited. Archived from the original on August 6, 2007. Retrieved May 15, 2018.
In 1995 the province suspended another private school, Chicago-based DeVry Inc. (see eye, June 6 and 13, 1996) from OSAP after 282 of its students claimed zero income. DeVry paid Ontario $1.7 million and put up a $2 million letter of credit to win reinstatement.
- ^ 1688 to 1923: Geloso, Vincent, A Price Index for Canada, 1688 to 1850 (December 6, 2016). Afterwards, Canadian inflation numbers based on Statistics Canada tables 18-10-0005-01 (formerly CANSIM 326-0021) "Consumer Price Index, annual average, not seasonally adjusted". Statistics Canada. Retrieved April 17, 2021. and table 18-10-0004-13 "Consumer Price Index by product group, monthly, percentage change, not seasonally adjusted, Canada, provinces, Whitehorse, Yellowknife and Iqaluit". Statistics Canada. Retrieved May 8, 2024.
- ^ Kuitenbrouwer, Peter (July 18, 1996). "DeVry Update". Eye Weekly. Toronto Star Newspapers Limited. Archived from the original on August 6, 2007. Retrieved May 15, 2018.
Deeply indebted former students of the DeVry Institutes of Technology teamed up with a scrappy Etobicoke lawyer last week, launching a $400 million class action suit against the scandal-plagued, U.S.-owned schools.
- ^ Mouhteros v. DeVry Canada Inc., 41 Ontario Reports 63, 73 [Mouhteros] (Ontario Court (General Division) July 2, 1998), archived from the original on May 19, 2018.
- ^ DeVry Inc. (September 24, 1996). Annual Report. SEC Form 10-K (Report). pp. 33–34.
- ^ "Class Action Suit Filed Against DeVry Institute of Technology". News. ConsumerAffairs. November 30, 2000. Archived from the original on May 15, 2018. Retrieved May 15, 2018.
A consumer class action lawsuit accuses the DeVry Institute of Technology of widespread deception and unlawful business practices, and charges that contrary to advertising claims, DeVry students are not being prepared for high-tech jobs. The suit was filed in Cook County Circuit Court by the law firm of Horwitz, Horwitz & Associates. Plaintiffs seek an order certifying a nationwide class of former DeVry students who were harmed by DeVry's failure to provide the facilities, faculty and educational experience it promised.
- ^ Almer, Ellen (December 1, 2000). "DeVry hit with lawsuit". News. Crain's Chicago Business. Archived from the original on May 15, 2018. Retrieved May 19, 2018.
The share price of Oakbrook Terrace–based DeVry Inc. remains flat after falling 20% Thursday, when the company reported lower-than-expected fall 2000 enrollment figures and revealed that they have been sued by three recent graduates. The lawsuit alleges that the for-profit higher education company does not adequately prepare students for the job market. But what hurt the company more, analysts said, was the modest 10% enrollment growth, compared with the expected 12% to 13%.
{{cite news}}: CS1 maint: bot: original URL status unknown (link) - ^ a b DeVry Inc. (September 13, 2009). Annual Report. SEC Form 10-K (Report). pp. 35–36.
- ^ McClure, Matt (February 6, 2013). "Students at DeVry twice as likely to default on loans". Calgary Herald. Archived from the original on May 15, 2018. Retrieved May 15, 2018.
Acting on the advice of the private colleges accreditation board, the province gave DeVry the right in 2001 to grant baccalaureates in computer systems, electronic engineering and business operations. At the time, it was the country's first for-profit degree-granting institution.
- ^ "NDs angry DeVry granted degree status". News (Canada). CBC News. February 2, 2001. Archived from the original on May 15, 2018. Retrieved May 15, 2018.
The New Democrats are accusing the province of undermining Canada's publicly-funded university and college system.
{{cite news}}: CS1 maint: bot: original URL status unknown (link)"Pannu wants DeVry's degree status revoked". News (Canada). CBC News. February 9, 2001. Archived from the original on May 15, 2018. Retrieved May 15, 2018.The leader of Alberta's New Democrats is calling on the government to revoke degree-granting status at the DeVry Institute of Technology in Calgary.
{{cite news}}: CS1 maint: bot: original URL status unknown (link) - ^ a b Raj Pannu, Leader of Alberta New Democrats (April 12, 2001). "Oral Question Period: DeVry Institute of Technology" (PDF). Alberta Hansard. Alberta: 25th Alberta Legislative Assembly (1st Session). pp. 55–56. Archived (PDF) from the original on May 17, 2018. Retrieved May 17, 2018.
DR. PANNU: Thank you, Mr. Speaker [Ken Kowalski]. On January 31, 2001, the provincial government gave the DeVry Institute of Technology, a for-profit, U.S.-based corporation, the right to grant academic degrees under the Universities Act. This unprecedented decision, which allows the for-profit private sector now to enter the postsecondary education system, is opposed by, among others, the University of Calgary Faculty Association, the Canadian Federation of Students, and the Canadian Association of University Teachers. My questions are to the Premier [Ralph Klein]. Why is the Conservative government getting back into the business of business by awarding academic degree granting status to the for-profit DeVry Institute?
- ^ Ellis, David (April 23, 2007). "States settle with trio of schools in loan probe". CNNMoney. New York: Time Warner. Archived from the original on May 17, 2018. Retrieved May 17, 2018.
New York, Illinois and Missouri announced settlements Monday with three schools for participating in questionable student loan practices, marking the latest development in the widening student loan scandal. New York Attorney General Andrew Cuomo, Missouri Attorney General Jay Nixon and Illinois Attorney General Lisa Madigan said they had reached settlements with Washington University in St. Louis, DeVry University and Career Education Corporation. [...] DeVry, which has 80 campuses nationwide, agreed to refund the $88,122 it received in revenue sharing from Citibank [...] to its students.
- ^ "U.S. probes allegations of DeVry false statements". Business. Chicago Tribune. Tribune Media. Bloomberg News. May 20, 2008. Archived from the original on May 17, 2018. Retrieved May 17, 2018.
DeVry Inc., the provider of technical and college degrees, was accused of filing false statements to the government and will turn over documents on recruiter pay and performance to the Justice Department civil division.
- ^ "'Fail State' Delves into the Shadowy World of For-Profit Colleges". The Texas Observer. October 27, 2017. Retrieved January 22, 2019.
- ^ Kingkade, Tyler (January 29, 2013). "DeVry University Hit With Lawsuit Alleging Officials Would 'Bribe' Students, Violate Federal Regulations". College. Huffington Post. Archived from the original on May 17, 2018. Retrieved May 17, 2018.
A lawsuit filed this month in San Diego, Calif. alleges DeVry University Inc. leadership in the city bribed students and sought ways to work around federal laws meant to regulate for-profit colleges
- ^ DeSantis, Nick (April 15, 2013). "DeVry Faces Investigations From Attorneys General in 2 States". The Ticker. The Chronicle of Higher Education. Archived from the original on May 17, 2018. Retrieved May 17, 2018.
{{cite news}}: CS1 maint: bot: original URL status unknown (link) - ^ "Illinois, Massachusetts issue subpoenas to DeVry". Chicago Tribune. Tribune Media. April 16, 2013. Archived from the original on May 17, 2018. Retrieved May 17, 2018.
- ^ Calia, Michael (July 20, 2014). "DeVry Says New York Is Investigating Marketing Practices". Business. The Wall Street Journal. Dow Jones & Company. Archived from the original on May 17, 2018. Retrieved May 17, 2018.
DeVry Education Group Inc. said the New York state attorney general's office is investigating whether the for-profit education company's marketing violates laws against false advertising.
- ^ Halperin, David (March 14, 2016). "VA to Warn Veterans About DeVry". The Blog. The Huffington Post. Archived from the original on May 19, 2018. Retrieved May 18, 2018.
- ^ Douglas-Gabriel, Danielle (March 14, 2018). "VA suspends DeVry University from a key veterans program". Grade Point. The Washington Post. Nash Holdings. Archived from the original on May 19, 2018. Retrieved March 18, 2018.
The Department of Veterans Affairs on Monday suspended DeVry University from participation in a program that identifies schools doing a good job of serving former troops, in light of a federal lawsuit accusing the for-profit chain of misleading consumers about the employment and earnings of its graduates in advertisements.
- ^ Fair, Leslie (December 15, 2016). "FTC case against DeVry yields $100 million settlement". Business Blog. Federal Trade Commission. Archived from the original on May 19, 2018. Retrieved May 18, 2018.
- ^ "DeVry Refunds: FTC returns more than $49 million to DeVry students". Federal Trade Commission. July 2017. Archived from the original on May 19, 2018. Retrieved May 18, 2018.
- ^ Halperin, David (August 4, 2016). "Twist: DeVry Goes to Court To Stop Students From Bringing Arbitration". The Blog. The Huffington Post. Archived from the original on May 19, 2018. Retrieved May 18, 2018.
- ^ "Public Disclosure: DeVry University has received an 'Under Governmental Investigation' designation – Effective: May 10, 2017" (PDF). Higher Learning Commission. May 11, 2017. Archived (PDF) from the original on May 19, 2018. Retrieved May 18, 2018.
The Higher Learning Commission (HLC) has imposed a designation of 'Under Governmental Investigation' for DeVry University, headquartered in Downers Grove, Illinois. The designation is based on notification of an active investigation by the Attorney General of the State of Massachusetts regarding allegations of fraudulent or deceptive practices.
- ^ "Public Disclosure: DeVry University has been removed from 'Under Governmental Investigation' designation – Effective: September 12, 2017" (PDF). Higher Learning Commission. September 11, 2017. Archived (PDF) from the original on May 19, 2018. Retrieved May 18, 2018.
The Higher Learning Commission (HLC) has removed a designation of 'Under Governmental Investigation for DeVry University, headquartered in Downers Grove, Illinois. [...] DeVry University has recently negotiated a settlement with the state [of Massachusetts] and voluntarily agreed to discontinue certain practices.
- ^ Lardner, Richard; Binkley, Collin (August 24, 2018). "For-profit colleges face fraud complaints as DeVos weakens rules". First Look. The Christian Science Monitor. Washington: Christian Science Publishing Society. ISSN 0882-7729. Archived from the original on September 22, 2018. Retrieved September 22, 2018 – via Associated Press.
Education Department documents obtained by The Associated Press through an open-records request show that students filed nearly 24,000 federal fraud complaints between President Trump's Jan. 20, 2017, inauguration and April 30 this year, almost entirely against for-profit colleges. More than 3,600 were lodged against DeVry University, while the University of Phoenix drew 1,100. [...] Schools like the nonprofit Western Governors University, for example, have seen enrollment soar as they offer online programs with tuition as low as $6,500 a year. Meanwhile, at DeVry, which charges more than twice as much, enrollment has fallen by nearly 20 percent in the last year, according to its federal Securities and Exchange Commission filings.
- ^ "House Panel Takes Up Oversight of For-Profit Schools". Courthousenews.com. March 12, 2019. Retrieved October 19, 2019.
- ^ "Government's Consolidated Opposition to Motions to Intervene" (PDF). Retrieved April 15, 2023.
- ^ Turner, Cory; Carrillo, Sequoia; Salhotra, Pooja (August 5, 2022). "200k student borrowers are closer to getting their loans erased after judge's ruling". National Public Radio. Retrieved April 15, 2023.
- ^ Hurley, Lawrence (April 13, 2023). "Supreme Court allows $6 billion student loan debt settlement". NBC News. Retrieved April 15, 2023.
- ^ a b c d "DeVry University Students Form Studio and Publish Video Game—All Before Graduating". IGN. Ziff Davis. October 3, 2008. Archived from the original on May 21, 2018. Retrieved May 21, 2018.
- ^ a b Gonzales, Neil (March 29, 2009). "San Mateo County community college students named to state academic teams". East Bay Times. Digital First Media. Archived from the original on May 21, 2018. Retrieved May 21, 2018.
During a session, David Crane—a graduate of DeVry University—offered insights into the industry and techniques for a successful career as a game developer. [..] The session sponsored by DeVry also featured Steve Cartwright, another graduate of the school who has been part of the industry for three decades.
- ^ "Sean Wiley - PA State Senate". Legis.state.pa.us. Retrieved October 19, 2019.
- ^ "Ghana MPs - MP Details - Afeku, Catherine Ablema". Ghanamps.com. Retrieved November 14, 2017.
- ^ Max Pizarro (March 5, 2012). "Mosquera takes the oath of office". PolitickerNJ. Retrieved May 26, 2014.
- ^ "United States Olympic Committee And DeVry Education Group Extend Partnership". TeamUSA.org. United States Olympic Committee. April 14, 2016. Archived from the original on April 17, 2016. Retrieved August 12, 2016.
- ^ Patrick Clark (April 28, 2014). "DeVry Has a Plan to Educate Former Football Players". Bloomberg Businessweek. Archived from the original on April 30, 2014. Retrieved May 19, 2014.
- ^ Ecker, Danny (December 8, 2014). "DeVry looks to score with new Minor League Baseball deal". Crain's Chicago Business. Retrieved December 7, 2015.
- ^ "Lobbying Spending Database - DeVry Inc, 2016". OpenSecrets. Retrieved May 11, 2017.
- ^ Halperin, David (April 28, 2014). "For-Profit Colleges Spend Big on Lobbyists to Fight Obama Regulation". Huffingtonpost.com. Retrieved May 11, 2017.
- ^ "Lobbyist registrations: THOMPSON COBURN, LLP". Coburn229.rssing.com. Retrieved May 11, 2017.
- ^ "Heather Podesta & Partners". Sunlight's Lobbying Tracker. June 4, 2016. Archived from the original on June 4, 2016. Retrieved May 8, 2016.
- ^ a b Channick, Robert; Yerak, Becky (April 20, 2018). "Targeted by Obama, DeVry and other for-profit colleges rebounding under Trump". Business. Chicago Tribune. Archived from the original on May 19, 2018. Retrieved May 19, 2018.
Since the Nov. 8 election, DeVry's stock price has risen 52 percent, while other for-profit colleges such as Strayer University and Grand Canyon University have gained 37 percent and 55 percent, respectively, as of Friday's closing bell. Career Education's stock is up 34 percent. The broader Standard & Poor's 500 index is up 10 percent over the same period.
External links
[edit]DeVry University
View on GrokipediaHistory
Founding and Early Development (1931–1960s)
DeVry University's origins lie in the DeForest Training School, founded on September 14, 1931, in Chicago, Illinois, by inventor and engineer Herman A. DeVry in partnership with pioneering electronics inventor Lee De Forest.[9][1] DeVry, who had earlier developed portable motion picture projectors and contributed to visual education technologies through his DeVry Corporation established in 1913, sought to meet the demand for skilled technicians amid the rapid expansion of radio broadcasting, electronics, and film industries during the early 20th century.[10][9] The institution initially emphasized hands-on training in electronics repair, radio operation, and related technical skills, starting with correspondence courses before transitioning to in-person instruction at its Chicago facilities.[11][2] Throughout the 1930s and 1940s, the school navigated the Great Depression and World War II by aligning its curriculum with wartime needs for electronics expertise, such as radar and communication systems, which bolstered enrollment and practical relevance.[9] By the postwar era, De Forest Training School had established itself as a provider of vocational programs tailored to industrial growth in telecommunications and manufacturing, with early graduates entering roles in broadcasting and equipment maintenance.[12] In 1953, following DeVry's death in 1941 and subsequent leadership transitions, the institution rebranded as DeVry Technical Institute to reflect its founder's legacy and expanded focus on technical proficiency.[13][10] The 1950s marked a shift toward formalized higher education, with the introduction of the first associate degree programs in 1957, emphasizing electronics engineering technology and related fields to accommodate the postwar boom in consumer electronics and computing precursors.[14] This period saw steady institutional development, including facility improvements in Chicago and initial explorations of additional sites, positioning DeVry as a pioneer in career-oriented technical education amid rising demand for skilled labor in an increasingly electrified economy.[12][15]Expansion into Higher Education (1970s–1980s)
Following its acquisition by Bell & Howell in 1967, DeVry Technical Institute—renamed DeVry Institute of Technology in 1968—underwent significant expansion in the 1970s, transitioning from primarily vocational training to broader higher education offerings.[16] The institution received authorization to grant bachelor's degrees in electronics engineering technology in 1969, marking its initial entry into degree-granting higher education.[16] Throughout the decade, Bell & Howell invested in a technology-focused curriculum emphasizing engineering, electronics, and emerging computer fields to prepare students for industry careers, while expanding campuses in the Chicago and Toronto regions.[16][11] By the late 1970s, DeVry introduced additional bachelor's programs, including computer science for business (later renamed computer information systems) in 1979 as its second such offering, alongside expansions in accounting and business administration.[1][17] Parallel to these undergraduate developments, the 1973 founding of the Keller Graduate School of Management by Dennis Keller and Ronald Taylor represented a key step in DeVry's higher education maturation, targeting working adults with evening MBA programs.[2] Keller received accreditation from the Illinois Board of Education in 1977, enabling it to award MBA certifications and growing to 1,300 students by the mid-1980s with annual revenues of $5 million.[2] This graduate focus complemented DeVry's undergraduate efforts, fostering a model of accessible, career-oriented education amid nationwide enrollment growth to 30,000 students by 1983.[2][16] In the 1980s, DeVry further diversified its bachelor's programs to include accounting, business administration, and network and communications management, while securing regional accreditation from the North Central Association, enhancing its legitimacy as a higher education provider.[1] Campus networks expanded across the United States, building on the 1970s foundation to support increased demand for technical degrees.[1] A pivotal shift occurred in 1987 when Keller and Taylor acquired DeVry Institutes for $182 million, merging it with Keller Graduate School under the new DeVry Inc. parent company; this restructuring emphasized year-round scheduling, evening classes, and integrated business curricula to serve adult learners more effectively.[2][16]Corporate Growth and Acquisitions (1990s–2000s)
During the 1990s, DeVry Inc. pursued aggressive campus expansion and achieved key financial milestones to fuel its growth as a for-profit education provider. The company completed its initial public offering on June 21, 1991, initially trading on NASDAQ before moving to the New York Stock Exchange in 1995, which provided capital for further development.[18][19] By the late 1990s, DeVry operated 16 campuses under the DeVry Institutes of Technology banner and 31 locations for the Keller Graduate School of Management, supporting an enrollment of over 42,000 students.[2] This physical footprint growth included the opening of a new undergraduate campus in West Hills, California, in November 1999.[20] Revenue rose 64 percent from 1997 to 2000, with net income increasing 98 percent over the same period, reflecting strong demand for career-oriented programs in technology and business.[21] Diversification accelerated through strategic acquisitions starting in the mid-1990s. In 1996, DeVry acquired Becker CPA Review, founded in 1957, which bolstered its professional certification training segment and later integrated with Conviser Duffy CPA Review to form Becker Professional Education.[11] The company also began offering online programs in the late 1990s, culminating in the launch of an online MBA in business administration in 2000 to reach broader student demographics.[16] The early 2000s emphasized entry into healthcare and international-adjacent education via high-profile purchases. In May 2003, DeVry acquired Ross University, a provider of medical and veterinary degrees with campuses in the Dominican Republic and St. Kitts, marking its first major foray into health professions education and adding offshore programs to its portfolio.[22] In March 2005, DeVry purchased Deaconess College of Nursing, established in 1889, which was rebranded as Chamberlain College of Nursing in July 2006 to align with expanded baccalaureate and graduate nursing offerings.[23] These moves shifted DeVry's focus from predominantly technical training toward a more varied array of professional credentials, though they later drew scrutiny amid broader regulatory pressures on for-profit institutions.[24]Restructuring and Challenges (2010s–Present)
In the early 2010s, DeVry University faced intensified regulatory scrutiny over its advertising practices, culminating in a December 2016 settlement with the Federal Trade Commission (FTC) for $100 million, including $49.4 million in consumer redress and $50.6 million toward student debt relief, after allegations of misleading claims about graduate employment rates and salary advantages compared to peers from other institutions.[6] DeVry denied the allegations of wrongdoing but agreed to prohibitions on similar misrepresentations and enhanced disclosures in future advertising.[6] This followed a period of peak enrollment around 68,000 students in 2010, after which numbers declined amid broader market shifts away from for-profit higher education and increased borrower complaints.[25] Campus consolidations accelerated as part of cost-cutting measures, with DeVry closing 39 locations and reducing sizes at others since fiscal year 2014, driven by falling revenues and regulatory pressures.[26] Additional closures included the Pennsylvania campus in June 2022, contributing to over 50 sites shuttered overall, shifting emphasis toward online delivery to maintain accessibility.[27] In response to criticism from for-profit sector watchdogs, DeVry voluntarily capped federal student aid revenue at 85% of total funds in 2016, aligning with proposed reforms under the 90/10 rule that limits reliance on Title IV funds.[28] Ownership transitioned in 2017 when parent DeVry Education Group rebranded as Adtalem Global Education to refocus on healthcare and international segments, divesting non-core assets. In December 2017, Adtalem sold DeVry University to Cogswell Education LLC—a Silicon Valley-based holding company—for no upfront cash, with potential earn-outs tied to performance, as part of a strategy to exit the embattled U.S. undergraduate market.[29] The deal, approved by Illinois regulators in June 2018 despite limited transparency on Cogswell's backers, aimed to stabilize operations under new private ownership amid ongoing litigation.[30] Persistent challenges included thousands of borrower defense claims alleging deception, leading the U.S. Department of Education in February 2022 to approve relief totaling approximately $415 million for nearly 16,000 former students, partially crediting FTC findings on false job placement metrics.[31] By 2023, an administrative law judge blocked the Department's attempt to recoup over $23 million from DeVry for improper aid payouts, highlighting disputes over institutional liability.[32] These developments, alongside veteran complaints regarding financial aid handling—totaling 30 VA reports in 2019–2021—underscored DeVry's adaptation to a contracted footprint focused on online and select hybrid programs.[33]Organizational Evolution
Ownership Changes and Parent Entities
DeVry Technical Institute was acquired by Bell & Howell Company in 1967, integrating it into the conglomerate's educational division amid expansion into technical training.[2] In 1987, the institute was purchased from Bell & Howell by Dennis Keller and Ronald Taylor, founders of the Keller Graduate School of Management, for approximately $182 million, with financing from Citicorp, Massachusetts Mutual Life Insurance Company, and equity investors including Frontenac Venture Company; this transaction merged the entities under the newly formed public company DeVry Inc. as parent.[2][34] DeVry Inc. rebranded to DeVry Education Group in November 2013 to reflect its diversified portfolio beyond the university, including professional training and international operations.[22] The parent entity further renamed to Adtalem Global Education in May 2017, emphasizing a global focus on healthcare and professional education while distancing from the DeVry University brand amid regulatory scrutiny.[35] In December 2017, Adtalem announced the transfer of DeVry University and Keller Graduate School of Management to Cogswell Education LLC—a subsidiary of Palm Ventures owned by entrepreneur David Paul—with the deal closing on December 11, 2018, involving no cash exchange to enable Adtalem's pivot to higher-margin segments; this shift followed federal settlements over deceptive marketing claims and enrollment declines.[36][37] Cogswell Education LLC has remained the parent entity since 2018, operating DeVry as a private for-profit institution focused on technology and business programs.[38]Strategic Shifts and Rebranding Efforts
In April 2015, DeVry University undertook significant operational consolidations amid declining enrollment and revenue, closing 14 campus locations and transitioning their programs to online delivery to streamline costs and emphasize digital education. This shift was part of a broader strategy to concentrate resources in competitive markets, implement targeted local advertising, reduce tuition rates, and strengthen partnerships with employers to enhance graduate employability. CEO Daniel Hamburger described these changes as essential for long-term repositioning and growth, following a 15% drop in undergraduate enrollment and 16% revenue decline in the prior quarter.[39][40] Following regulatory scrutiny and a 2016 Federal Trade Commission settlement over misleading job placement claims—which required DeVry to pay $100 million and forgive student debt—the university's parent entity, DeVry Education Group, rebranded to Adtalem Global Education in 2017 to signal a pivot toward global healthcare and professional education while divesting from the core DeVry brand. In December 2017, Adtalem agreed to transfer DeVry University to Cogswell Education LLC, a smaller private entity focused on career colleges, completing the handover in 2018; this ownership change aimed to provide operational flexibility away from public market pressures, though it raised concerns among critics about oversight of federal aid-dependent institutions. Post-acquisition, DeVry maintained its structure but intensified focus on career-centered programs in technology, business, and healthcare, leveraging its early adoption of online learning since 1998 to adapt to market demands.[29][41][34] Under new leadership, including President and CEO Elise Awwad appointed in 2024, DeVry emphasized innovation to address workforce skills gaps, with strategic initiatives targeting talent development in emerging fields. In September 2025, the appointment of Jason B. Horne as Chief Strategy and Transformation Officer underscored efforts to drive expansion through aligned acquisitions and operational enhancements. Culminating these shifts, DeVry unveiled a revitalized brand identity in July 2025, retaining its core mission of student success and academic excellence while projecting a modern, forward-looking image to align with technological and career-oriented education trends.[42][43][44]Campuses and Delivery Models
Current Locations and Online Presence
DeVry University operates physical campuses across more than a dozen U.S. states, with a primary focus on urban and suburban areas to support hybrid learning models. As of October 2025, locations include sites in Arizona, California (such as Long Beach, Newark, Ontario, San Diego, San Jose, and Sherman Oaks), Florida (Jacksonville, Miramar, and Orlando), Georgia (Atlanta), Illinois (two in Chicago, plus Addison and Lisle), Nevada, New Jersey (Iselin), New York (Midtown Manhattan and Rego Park-Queens as DeVry College of New York), Ohio (Columbus), Pennsylvania (Fort Washington; Philadelphia center no longer enrolling new students), and Virginia (Arlington).[45][46][47] These campuses primarily deliver blended programs, where students combine on-site classes with online components, though availability varies by location and program.[45] In parallel, DeVry emphasizes a robust online platform accessible nationwide, enabling fully remote completion of degrees without physical attendance. This includes associate degrees (e.g., in business, cybersecurity, and health information technology, completable in as little as 1 year and 4 months), bachelor's degrees (e.g., in business administration, engineering technology, and healthcare administration, in as little as 2 years and 8 months), and master's degrees (e.g., in accounting, information systems management, and applied computer science, in 1-2 years).[48][49][50] Undergraduate and graduate certificates are also available online in areas like medical billing and coding. Programs operate on 8-week sessions with full- or part-time options, 24/7 access via mobile app, and features like on-demand tutoring.[51][52] This online infrastructure supports enrollment from any state, reflecting DeVry's shift toward digital delivery amid reduced emphasis on standalone physical sites.[4]Historical Closures and Operational Adjustments
In response to declining enrollment amid broader challenges in the for-profit higher education sector, DeVry University initiated a series of campus closures beginning in mid-2013.[53] By April 2015, the institution announced the shutdown of 14 campuses outside the Chicago metropolitan area, primarily in states including California, Washington, and New York, with most closures completed by the end of 2016.[54] These actions were part of a strategic turnaround plan aimed at consolidating physical operations and redirecting resources toward online delivery models, as enrollment at DeVry had fallen sharply due to increased regulatory scrutiny and competition from traditional universities.[55] Specific examples included the closure of the Lynnwood, Washington, campus by December 2015 and the Federal Way, Washington, location by the end of the same year, both transitioning affected students to virtual programs.[56] [57] Further closures followed, totaling at least 39 campuses between 2014 and 2016, with additional sites shuttered in subsequent years.[55] Notable instances included the Calgary, Canada, campus in July 2013, which shifted entirely to online instruction, and the Elgin, Illinois, location on October 31, 2018.[58] [59] The DeVry University-Pennsylvania branch permanently closed on June 25, 2022, ceasing new admissions while providing teach-out options for enrolled students.[27] Overall, DeVry has closed approximately 50 campuses historically, reflecting a contraction from its peak physical footprint.[60] Operational adjustments accompanied these closures, emphasizing cost reductions and a pivot to digital infrastructure. In fiscal year 2017, DeVry Education Group (DeVry's parent at the time) recorded a $5 million pre-tax restructuring charge tied to real estate consolidations and facility optimizations.[61] The company adjusted operating expenses to offset over 90% of revenue declines from 2015 to 2017, including layoffs such as 90 positions in Chicago in July 2015 and the closure of a Chicago office in September of that year.[62] [53] These measures were exacerbated by a 2016 Federal Trade Commission settlement requiring a $100 million refund to students over misleading job placement claims, prompting accelerated emphasis on online enrollment and streamlined administrative functions.[55] By prioritizing virtual campuses, DeVry aimed to maintain accessibility while reducing overhead from underutilized physical sites.[54]Academic Offerings
Undergraduate Programs
DeVry University offers associate and bachelor's degrees as its primary undergraduate programs, focusing on applied skills in technology, business, and healthcare to prepare students for entry-level professional roles.[63] These programs emphasize practical training, with many delivered through flexible formats including online, hybrid, and on-campus options at select locations, and structured in accelerated 8-week sessions to accommodate working adults.[50][49] Bachelor's degree programs, typically requiring 120 semester credit hours, include the Bachelor of Science in Business Administration with specializations such as accounting, finance, or project management; Bachelor of Science in Computer Information Systems; Bachelor of Science in Electronics Engineering Technology; Bachelor of Science in Biomedical Engineering Technology; and Bachelor of Science in Multimedia Design and Development.[64][65] Additional offerings cover cybersecurity, networking, software development, and health information management, often integrating industry-standard tools and certifications like CompTIA or Cisco.[50][66] Associate degree programs, generally completable in 1.5 to 2 years or about 60 credit hours, feature options like the Associate of Applied Science in Business with project management focus; Associate in Engineering Technology; Associate in Information Technology and Networking, including specializations in cybersecurity or systems programming; and Associate in Health Information Technology.[49][67] These programs often serve as pathways to bachelor's completion, with credits transferable within DeVry's system.[68]| Degree Level | Key Programs | Focus Areas |
|---|---|---|
| Bachelor's | B.S. Business Administration, B.S. Computer Information Systems, B.S. Electronics Engineering Technology | Business, IT, Engineering |
| Associate | A.A.S. Business, Associate in Engineering Technology, Associate in Health Information Technology | Business, Technology, Healthcare |
Graduate and Specialized Degrees
DeVry University's graduate programs are administered through its Keller Graduate School of Management, established in 1973 and focused on career-oriented education in business, technology, and management fields.[69] These programs emphasize practical skills, with most requiring 30 to 51 credit hours and offered in formats including 100% online, hybrid, and accelerated options starting as frequently as eight-week sessions.[52] Admission typically does not require GRE or GMAT scores, targeting working professionals seeking advancement in applied disciplines.[69] The master's degrees include:| Program | Abbreviation | Credit Hours | Key Focus Areas |
|---|---|---|---|
| Accounting | MSAC | 30 | Accounting principles, practices, and preparation for certifications like CMA or CPA.[69] |
| Accounting & Financial Management | MAFM | 39 | Strategic financial planning, corporate finance, and accounting from a CFO perspective, with emphases in CMA/CPA preparation, finance, or general accounting.[69] |
| Business Administration | MBA | 39–51 | Leadership, strategic analysis, operations, finance, and HR, with options for embedded leadership certificates or concentrations such as project management.[69] |
| Human Resource Management | MHRM | 39 | Strategic human capital management, aligned with Society for Human Resource Management (SHRM) competencies.[69] |
| Information Systems Management | MISM | 45 | Technology strategy, systems analysis, network management, with concentrations in data administration, information security, or project management.[69] |
| Information Technology Management | MITM | 39 | IT strategy and leadership, with tracks in business analytics, cloud computing, cybersecurity, or project management; available starting January 2025.[69] |
| Network & Communications Management | MNCM | 45 | Managerial and technical skills in networks and communications, emphasizing information security or project management.[69] |
| Project Management | MPM | 39 | Project lifecycle management, including scope, cost, schedule, and risk control, aligned with Project Management Institute (PMI) standards.[69] |
| Public Administration | MPA | 39 | Governmental budgeting, public policy, and intergovernmental relations, with emphases in government or healthcare management.[69] |
Curriculum Innovations and Adaptations
DeVry University has emphasized career-oriented curricula since its founding in 1931, initially focusing on technical training in electronics and later expanding to business and healthcare fields, with adaptations driven by technological advancements and labor market demands. In response to evolving workforce needs, the institution introduced an AI-powered adaptive learning platform in 2018 specifically for mathematics courses, which reportedly improved completion rates and outcomes by personalizing instruction based on student performance data.[70] This platform represented an early integration of artificial intelligence to address common barriers in quantitative subjects, aligning with broader shifts toward data-driven personalization in higher education. Annual curriculum reviews form a core adaptation mechanism, incorporating feedback from industry partners and analysis of student performance metrics to update program pathways. For the 2023 academic year, DeVry refreshed over 470 courses and enrolled 4,800 students in newly developed or enhanced programs, prioritizing skills in emerging technologies such as cybersecurity and data analytics.[71] [72] These updates emphasize modular, skills-based learning over traditional lecture formats, enabling faster credentialing for working adults while maintaining alignment with employer requirements in high-demand sectors. Recent innovations include the April 2025 launch of DeVryPro, a digital platform designed for upskilling and reskilling through flexible, online courses featuring AI learning coaches and industry-validated content in areas like AI ethics and digital transformation.[73] Complementing this, a January 2025 graduate certificate in innovation was introduced to foster entrepreneurial skills, building on AI tools for curriculum design and faculty training.[70] Additionally, a curriculum realignment in the College of Engineering and Information Sciences, known as Tech Core, incorporated Internet of Things (IoT) competencies to prepare students for connected device ecosystems, reflecting adaptations to hardware-software convergence trends.[74] To enhance delivery, DeVry partnered with Engageli in April 2024 to implement collaborative asynchronous learning tools, allowing virtual simulations and group interactions without fixed schedules, which supports retention among non-traditional students.[75] Broader AI integration, announced in September 2025, extends to student support and credentialing, aiming to bridge skill gaps identified in workforce reports, though outcomes remain tied to self-reported institutional metrics amid ongoing scrutiny of for-profit education efficacy.[76] These efforts position DeVry's adaptations as responsive to digital disruption, with a focus on measurable employability over theoretical depth.Faculty and Educational Approach
Instructor Qualifications and Ratios
DeVry University requires faculty members to hold a master's degree or higher, with specific emphasis on 18 graduate semester hours in the subject area for undergraduate instruction.[77][78] This aligns with Higher Learning Commission (HLC) standards, which mandate that accredited institutions maintain policies ensuring instructors possess credentials at least one academic level above the courses taught or equivalent professional experience, such as tested expertise from industry roles.[79][80] DeVry's catalog notes that nearly all instructors hold master's degrees, PhDs, or doctorates, supplemented by rigorous training and active involvement in professional organizations like the IEEE or Project Management Institute to integrate real-world applications into teaching.[81] The university prohibits the use of teaching assistants, ensuring direct instruction by qualified professors who draw on business and industry backgrounds for curriculum delivery.[81] Faculty selection prioritizes practitioner perspectives, with roles filled by adjunct and visiting professors who demonstrate subject-matter expertise, communication skills, and motivational teaching abilities, often alongside certifications like SHRM-CP for human resources courses.[82][83] DeVry supports ongoing development through comprehensive training programs to maintain instructional quality, particularly for online and blended formats where faculty facilitate discussions and provide individualized feedback.[81] While HLC accreditation verifies these qualifications institution-wide, DeVry's for-profit model has historically relied heavily on part-time adjuncts, comprising the majority of instructors, which can influence depth of academic research experience compared to traditional universities.[84] Student-to-faculty ratios at DeVry vary significantly by campus, program, and delivery mode, reflecting its decentralized structure with both physical locations and extensive online offerings. DeVry University Online maintains a reported ratio of 41:1, indicative of larger class sections common in asynchronous digital environments.[85] Campus-specific data from sources like College Factual show ratios ranging from 13:1 at DeVry University-Ohio to 36:1 at DeVry University-Illinois, with full-time faculty often representing a minority (e.g., 23% at New Jersey locations).[86][84][87] These figures exceed national averages for four-year institutions (approximately 14:1 per IPEDS benchmarks), potentially limiting personalized interaction, though DeVry mitigates this via structured office hours, syllabus-mandated contact protocols, and technology-enabled engagement in courses.[81] No uniform ratio is enforced across the system, and HLC oversight focuses on overall instructional effectiveness rather than prescriptive numerical limits.[88]Pedagogical Methods and Technology Integration
DeVry University's pedagogical methods emphasize experiential and hands-on learning to align education with career demands in technology, business, and healthcare fields. This approach incorporates work-based opportunities such as internships, co-ops, apprenticeships, practicums, job shadowing, and micro-internships, often integrated into the curriculum for course credit and practical skill application.[89] Virtual simulations via platforms like Forage further enable hands-on experiences without physical presence, fostering self-directed learning suited to adult students' prior experiences.[89] Technology integration supports these methods through hybrid and fully online delivery models, with over 20 years of experience in flexible 8-week sessions accessible via mobile apps and learning management systems. Interactive elements include virtual labs, real-time discussions, and self-paced modules on DeVryPro, which feature applied case studies and sandbox environments for tech-forward skills like coding and data analysis.[48] Partnerships, such as with Engageli since 2023, enhance virtual classrooms with features like breakout rooms, peer collaboration tools, guest lectures, and recorded playback for asynchronous review, piloted to boost engagement in online and hybrid formats.[90] Artificial intelligence plays a central role in personalizing instruction, with adaptive platforms in math courses since 2018 adjusting content based on performance to address gaps, and AI chatbots in programming classes like CEIS 312 providing 24/7 support for tasks such as Python dataset handling.[91] The DeVry AI Lab, launched in 2023, informs curriculum updates across six degree programs and two certificates, embedding AI and machine learning for workforce preparation, while tools like the "Inspire" AI system identify at-risk students for targeted interventions.[91] Faculty use student feedback to refine these tech-enhanced techniques, aiming for interactive, data-driven environments that prioritize practical outcomes over traditional lecturing.[69]Accreditation and Oversight
Regional and Programmatic Accreditations
DeVry University is regionally accredited by the Higher Learning Commission (HLC), a regional accrediting body recognized by the U.S. Department of Education, with this status encompassing its undergraduate and graduate programs, including those offered through the Keller Graduate School of Management.[3] HLC's accreditation affirms that the institution meets standards for academic quality, institutional effectiveness, and compliance with federal regulations.[92] In September 2021, following a comprehensive review under HLC's Standard Pathway for reaffirmation, the commission continued DeVry's accreditation with the next evaluation scheduled for the 2030-31 academic year.[93] Historically, DeVry's regional accreditation has faced scrutiny; in 2016, HLC placed the university on probation amid concerns over misleading job placement advertising, as highlighted in a Federal Trade Commission settlement requiring DeVry to pay $100 million in refunds and penalties.[92] The probation status was lifted after DeVry demonstrated corrective actions, including enhanced transparency in advertising and data reporting, allowing full reaffirmation by 2021.[93] As of 2025, no ongoing sanctions are reported in HLC actions, though external groups like Veterans Education Success submitted comments during a 2024 mid-cycle evaluation urging closer examination of recruitment practices and outcomes for veteran students.[94] On the programmatic level, DeVry holds specialized accreditations for select degrees, with more than 40 programs and specializations receiving recognition from bodies such as the Accreditation Council for Business Schools and Programs (ACBSP) for business-related offerings, including bachelor's and master's degrees in areas like accounting, finance, and management.[95] Engineering technology programs, including associate, bachelor's, and master's levels delivered online, are accredited by the Engineering Technology Accreditation Commission (ETAC) of ABET, with reaffirmation granted in 2017 covering curricula focused on electronics, biomedical, and computer engineering technologies.[96] Additional programmatic approvals exist for fields like project management through affiliations such as the Project Management Institute's Global Accreditation Center, though these do not constitute full accreditation but align with industry standards.[97] These accreditations validate technical competencies but apply only to designated programs, not the institution as a whole.Regulatory Compliance and Audits
In 2016, the Federal Trade Commission (FTC) charged DeVry University with deceptive advertising practices, alleging that the institution misrepresented job placement rates by claiming that 90 percent of graduates obtained employment in their field within six months, when the actual figure, based on a selective subset of graduates actively seeking jobs in their field, was significantly lower.[6] DeVry settled the case for $100 million without admitting liability, including $49.4 million in cash refunds to affected students, forgiveness of $30.4 million in institutional loans, and cancellation of $20.2 million in outstanding accounts receivable.[6] The U.S. Department of Education (DOE) responded to the FTC findings by imposing a $100 million fine on DeVry in April 2016 for similar misrepresentations regarding graduate earnings and employment outcomes, and temporarily suspending the institution's eligibility for federal student aid programs pending compliance measures, including an independent audit of financial statements under Generally Accepted Government Auditing Standards (GAGAS).[98][99] As part of a 2016 settlement agreement with the DOE, DeVry committed to submitting audited financial statements and undergoing an independent compliance audit within six months of its fiscal year-end, aimed at verifying adherence to federal verification and reporting requirements for student aid.[98] In 2022, the DOE approved $71.7 million in loan forgiveness for approximately 16,000 borrowers who attended DeVry, citing evidence of institutional misconduct in misleading claims about career outcomes, directly tied to the FTC enforcement action.[7] A 2019 audit by the DOE's Office of Inspector General (OIG) examined DeVry's compliance with federal verification procedures for applicant data in Title IV programs, finding instances of inadequate documentation and reporting errors that risked improper disbursement of aid, though the audit did not quantify total noncompliance.[100] State-level audits, such as a 2015 review by the New York State Comptroller of DeVry College of New York (a DeVry affiliate), identified lapses in compliance with Tuition Assistance Program regulations, including incomplete eligibility verifications and inadequate record-keeping, prompting recommendations for enhanced internal controls.[101] Post-settlement, DeVry implemented regulatory compliance teams to oversee student communications and public-facing materials, as disclosed in SEC filings, though ongoing federal scrutiny persisted, including a 2023 administrative law judge ruling blocking DOE efforts to recoup $23 million in aid liabilities pending further review.[102][32] The Higher Learning Commission, DeVry's regional accreditor, reaffirmed accreditation in 2021 following peer reviews that addressed prior concerns over institutional integrity but did not detail specific audit violations.[93]Student Profile and Performance
Demographics and Enrollment Trends
DeVry University's student demographics reflect a focus on non-traditional learners, with 87.1% of students aged 26 or older as of 2023, 55.3% identifying as female, and 57.4% serving as parents or guardians supporting dependents.[71] The institution reports a racially and ethnically diverse population, particularly at campuses like California, where enrolled students in recent years have included approximately 36.4% Hispanic or Latino, 24.7% White, 15.3% Black or African American, and 9.6% Asian individuals.[103] This composition aligns with DeVry's emphasis on serving working adults from varied socioeconomic backgrounds, including underrepresented groups, as evidenced by over 7,500 students participating in targeted scholars programs in 2023.[71] Enrollment trends indicate a sharp decline from historical peaks in the early 2010s, when the for-profit sector faced reduced demand amid economic pressures and intensified oversight.[104] By the 2023-2024 academic year, total enrollment across DeVry University-Illinois—the primary reporting entity—reached 29,346 students, including 26,146 undergraduates and 3,200 graduate students, with roughly 46% enrolled full-time.[105] Smaller satellite locations, such as New Jersey (74 students) and Virginia (32 students), contribute minimally to overall figures.[106] [107] This contraction correlates with regulatory actions, including a 2016 Federal Trade Commission settlement over job placement claims, which damaged recruitment and led to campus closures.[108] Despite the downturn, internal metrics show improved session-to-session persistence, rising from 83.1% in 2019 to 87.6% in 2023, alongside 11,894 degrees or certificates awarded between July 2022 and May 2023.[71]Completion Rates and Retention Data
According to data from the U.S. Department of Education's College Scorecard, DeVry University's graduation rates—calculated as the percentage of first-time, full-time, degree-seeking undergraduates completing their programs within 150% of normal time—range from 22% to 26% across active campuses. Specifically, the rate is 25% at the primary Illinois campus, 22% at Georgia, 26% at Florida, and 26% at Texas.[109] These figures derive from Integrated Postsecondary Education Data System (IPEDS) cohorts and reflect outcomes for bachelor's programs, which typically allow six years for completion.| Campus | Graduation Rate (150% Time) |
|---|---|
| Illinois | 25% |
| Georgia | 22% |
| Florida | 26% |
| Texas | 26% |

