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DeVry (DV) Opens First Chamberlain Campus in California

DeVry Education Group Inc.’s DV Chamberlain College of Nursing recently opened a new campus in Sacramento, CA. This marks Chamberlain College’s first campus in the state. Applications for admission in the spring semester classes will be accepted from May 2.

The new campus of Chamberlain College will offer Bachelors of Science in Nursing. It also includes Chamberlain College’s Simcare center and a Center for Academic Success. These will train students in nursing skills laboratories and provide them with extensive academic resources and support.

The new campus will cater to the students residing in Sacramento, El Dorado, Placer, Yolo, Solano, San Joaquin, Sutter, Amador, Contra Costa, Calaveras and Nevada counties given the strong demand for medical programs in these areas.  

There is an acute shortage of trained nurses worldwide and even fewer training facilities and faculty to train nurses. As a result, demand for these nursing programs is huge. Federal approval for enrolling international students will help Chamberlain College to capitalize on the rising demand for nursing programs.

Moreover, DeVry’s medical schools produce strong student outcomes, with very low cohort-default rates and high job placement rates. In addition, these schools have been consistently opening campuses and introducing programs in order to capitalize on the strong demand. In fiscal 2015, Chamberlain College opened four campuses. It is set to open more campuses in fiscal 2016.  

DeVry carries a Zacks Rank #4 (Sell).

Stocks to Consider

Some better-ranked stocks in the education industry include American Public Education, Inc. APEI, Lincoln Educational Services Corporation LINC and Capella Education Co. CPLA. While American Public Education and Lincoln Educational Services sport a Zacks Rank #1 (Strong Buy), Capella Education holds a Zacks Rank #2 (Buy).

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AMER PUB EDUCAT (APEI): Free Stock Analysis Report
DEVRY EDUCATION (DV): Free Stock Analysis Report
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