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Adtalem sold DeVry in 2018. The Department has also found that from 2002 through its closure in 2015, Westwood College (Westwood) made widespread and substantial misrepresentations to students about their salary potential and likelihood of finding a job after graduating.

The FTC also alleged that DeVry misrepresented that its graduates had 15 percent higher incomes one year after graduation on average than the graduates of all other colleges or universities. Today's announcement by the U.S. Department of Education builds on the FTC's prior federal court order against DeVry.

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. Bell & Howell completed its acquisition of DeVry Technical Institute in 1967.

Our Mission At DeVry University, we strive to close our society's opportunity gap by preparing learners to thrive in careers shaped by continuous technological change.

DeVry University remains open, and its students can still obtain federal financial aid. The borrower defense to repayment has forgiven roughly $2 billion in total.

“DeVry defrauded thousands of students by selling them on false promises and lies,” said Attorney General James. “Thousands of students attended DeVry with high hopes about post-grad job prospects only to learn that they were deceived.

Education Department says DeVry University defrauded students The Education Department says it will erase the debts of DeVry's defrauded students. But DeVry remains open for business and still enjoys access to millions of dollars in federal student loans.