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DeVry Education Group Statement on U.S. Department of Education Limitation Action Settlement

DOWNERS GROVE, Ill.--(BUSINESS WIRE)--DeVry University has reached an agreement with the U.S. Department of Education regarding its Jan. 27, 2016 Notice of Intent to Limit. The Notice related narrowly to a specific graduate employment statistic previously used by DeVry University, calculated since 1975. The Notice contended that DeVry University was required to maintain student-specific data to substantiate this historical graduate employment rate and that DeVry University lacked such student-specific data for the period from 1975 to October 1980. The Department further contended that DeVry University was required to keep its Career Services Manuals to substantiate its rates but that DeVry University’s earliest manual was from 1983. DeVry University produced to the Department campus-level summaries of graduate outcome data for the period from 1975 to October 1980 and...


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