22 Facts About DeVry University

1.

DeVry University is a private for-profit university with its headquarters in Naperville, Illinois, and campuses throughout the United States.

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2.

In 1996, DeVry University acquired Becker CPA Review—a firm that prepared students for the Uniform Certified Public Accountant Examination—for an undisclosed amount of cash, the tentative purchase price of which was US$18.

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3.

DeVry University 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, at a price variously reported at about US$5.

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4.

DeVry University Inc entered Brazil with its 2009 acquisition of Faculdade Nordeste, Ruy Barbosa and AREA 1, which are universities located in the Northeast of Brazil.

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5.

In 2010, DeVry University had nearly 90 campus learning sites in 26 states and more than 7,000 employees.

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6.

DeVry University has a presence at one military installation at Twentynine Palms, California.

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7.

DeVry University operates on a uniform academic calendar for both undergraduate and graduate degree programs.

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8.

DeVry University has offered graduate classes online since 1998 and undergraduate classes since 2001.

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9.

DeVry University has been the subject of numerous investigations and lawsuits alleging a variety of false or deceptive practices.

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10.

In 1995, DeVry University was suspended from the Ontario Student Assistance Program after a large number of its students misreported their income.

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11.

In 2001, DeVry University became the first for-profit school to obtain permission from the Alberta Canada provincial government to grant degrees, on recommendation by the Private Colleges Accreditation Board.

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12.

DeVry University agreed to refund US$88,122 it received in revenue sharing from Citibank to students.

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13.

In 2008, DeVry University was accused of filing false claims and statements about recruitment pay and performance to the government of the United States.

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14.

DeVry University 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.

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15.

In January 2013, a lawsuit was filed by a former manager at DeVry University which alleged that the college bribed students for positive performance reviews and worked around federal regulations on for-profit colleges.

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16.

In July 2014, DeVry University stated that the office of the New York Attorney General was investigating whether the company's marketing violated laws against false advertising.

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17.

On December 15,2016, the Federal Trade Commission settled a US$100 million suit against DeVry University, which alleged that DeVry University'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.

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18.

Separately, on June 16,2016, two former DeVry University students filed a demand for arbitration with the American Arbitration Association.

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19.

DeVry University responded by suing the students, claiming the dispute belongs in court and not in arbitration.

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20.

In 2011, DeVry University partnered with the United States Olympic Committee to become an official education provider for the United States' Olympic teams.

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21.

DeVry University was the official education and career development partner of Minor League Baseball.

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22.

Peak year for DeVry University's lobbying in Congress was 2011, when it spent more than $720,000.

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