There are those who respond to the finger pointing, and then there are those who create their own destiny. Devry University is an example of both. Known for providing high quality education at a reasonable cost, Devry has been serving a wide range of students for years. The university operates under a non-profit business model and prides itself on being one of the largest private tution universities in North America.

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DeVry University (/dəˈvraɪ/) is a private for-profit university with its headquarters in Naperville, Illinois, and campuses throughout the United States. Founded in 1931 by Herman A. DeVry, the school is accredited by the Higher Learning Commission.

History
Early history (1931–1970)
DeVry was founded in 1931 as the De Forest Training School in Chicago, Illinois.[3] 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.[3] De Forest Training School originally taught projector and radio repair, but later expanded to include other electronic equipment such as televisions.[3] 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.[3]

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,[3][4] which was accredited to confer bachelor’s degrees in electronics in 1969.[3]

Keller Graduate School of Management (1970–1990)
Dennis Keller and Ronald Taylor met one another in the early 1970s when the two were teachers at DeVry.[3] 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.[5] The school was originally conceived as a day school that granted certificates.[5] In 1976, the Keller School became an evening program offering MBAs, focused on working adults.[5] The school was fully accredited by the North Central Association of Colleges and Schools in 1977, the first for-profit school to be accredited by the body.

DeVry first received full accreditation in 1981.[5] The Keller Graduate School of Management acquired DeVry from Bell & Howell in 1987.[6] The leveraged buyout was worth $147.4 million.[5][6] The two schools were combined as DeVry Inc., with Keller acting as chairman and CEO and Taylor as president and COO.[3]

DeVry Education Group (1990–2018)
DeVry Inc. successfully completed its initial public offering on June 21, 1991.[7][better source needed] In 1995, its stock began trading on the New York Stock Exchange.[8]

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,[9] the tentative purchase price of which was US$18.685 million (about equivalent to US$32,000,000 in 2021).[10] In 2003, DeVry acquired Ross University, a medical and veterinary school based in the Caribbean, for a price variously reported at US$310 million (about US$457 million in 2021)[11] and US$329 million (US$485 million in 2021).[12] 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,[3] at a price variously reported at about US$5.3 million (US$7.35 million in 2021)[13] and US$5.4 million (US$7.49 million in 2021).[12] Deaconess College of Nursing was later renamed Chamberlain College of Nursing.[3]

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.[14]

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.[15]

In 2012, the university acquired Faculdade Boa Viagem and Faculdade do Vale do Ipojuca.[14] DeVry acquired a sixth Brazilian university, Faculdade Differencial Integral, in 2013.[14] DeVry Inc. was renamed DeVry Education Group later that year.[16] DeVry Education Group changed its name to Adtalem Global Education in May 2017,[17] 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 up-front cost, pending regulatory and accreditor approval.[18]

In December 2018, the parent company Adtalem finalized the handover of both DeVry University and Keller Graduate School of Management to Cogswell Education.[19] In 1992 they lost the highest scoring basketball game 258 to 141.

Cogswell Education (2018–present)
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.[20] Cogswell Education is headquartered in Greenwich, Connecticut.[21][22] The principal investor is Bradley Palmer of Palm Ventures.[21][22] Mr. Palmer has been involved in flipping Heald College, UEI College, and American Education Center.[23]

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.[24]

In 2020, Tom Monahan III became President and CEO of DeVry.[25]

In 2022, the US government discharged the student loan debt for 1,800 former students of DeVry University (the amount more than $71 million), for deceiving students in the enrollment process. [26]

Locations and campus closures
Between 2020 and 2022, all DeVry campuses have been closed due to the Covid pandemic.[27] In 2021, however, DeVry University stated that it had more than 40 locations across 18 states in the United States.[28] DeVry University has a presence at one military installation at Twentynine Palms, California.[29]

List of DeVry campuses and learning centers, as of 2022:[28]

Arizona (217 students)

Phoenix Campus
California (1,926 students)

Folsom Campus
Fresno Campus
Long Beach Campus
Newark Campus
Ontario Campus
San Diego Campus
San Jose Center
Sherman Oaks Campus
Twentynine Palms Military Base Extension
Colorado (110 students)

Westminster (Denver) Campus
Florida (605 students)

Jacksonville Campus
Miramar Campus
Orlando Campus
Georgia (1,013 students)

Alpharetta Campus
Atlanta Cobb Galleria Center
Decatur Campus
Duluth Center
Illinois (20,832 students, includes online)

Addison Campus
Chicago Campus
Chicago Loop Campus
Gurnee Center
Naperville Center
Tinley Park Campus
Missouri (49 students)

Kansas City Campus
Nevada (41 students)

Henderson Campus
New Jersey (190 students)

North Brunswick Campus
New York (1,213 students)

Brooklyn Extension
Midtown Manhattan Campus
Rego Park (Queens) Center
North Carolina (41 students)

Charlotte Campus
Ohio (419 students)

Cincinnati Campus
Columbus Campus
Pennsylvania (115 students)

Ft. Washington Center
Philadelphia Center
Texas (307 students)

Austin Campus
Irving Campus
San Antonio Campus
Virginia (188 students)

Arlington Campus
Chesapeake Campus
Campus closures
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.[30] 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.[31] In fiscal year 2018, DeVry closed eight additional campuses.[32] According to the US Department of Education, DeVry closed five more campuses between 2019 and 2020.[33] In 2021, Raleigh (NC), Merrillville (IN), Paramus (NJ) and Cleveland (OH) sites were closed. In 2022, the Stockbridge, Georgia campus was closed.[34]

Academics
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.[35]

DeVry operates on a uniform academic calendar for both undergraduate and graduate degree programs.[14] The university’s academic calendar consists of six eight-week sessions.[14] 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.

The Keller Graduate School of Management offers the following master’s degree programs:[36]

Human Resource Management
Business Intelligence and Analytics (MBA)
Entrepreneurship (MBA)
General (MBA)
Global Supply Chain Management (MBA)
Human Resources (MBA)
Information Systems Management (MBA)
Marketing (MBA)
Project Management (MBA)
Project Management
Public Administration
Courses and programs are also offered online.[37] DeVry has offered graduate classes online since 1998 and undergraduate classes since 2001.[14]

Faculty
According to College Factual, about seven percent of DeVry-Illinois’ faculty work full time.[38] The US Department of Education’s College Navigator reports 57 full-time faculty and 1,132 part-time instructors for more than 18,000 students at DeVry-Illinois.[39]

Accreditation
DeVry is accredited by the Higher Learning Commission and is scheduled for recertification in 2019–2020.[40] Engineering technology programs are accredited campus-by-campus.

Student outcomes
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.[41] While the school’s 3-year student loan default rate is 11.2 percent, a Brookings Institution report found that DeVry’s 5-year default rate was 43 percent.[42] The College Scorecard reports of a graduation rate of 18 percent for Devry University-Illinois. Of those students in repayment 31 percent were in forbearance, 29 percent were not making progress, 10 percent were in deferment, 10 percent defaulted, 10 percent were making progress, 6 percent were delinquent, 3 percent were paid in full, and 1 percent were discharged.[43] For the 2018-19 academic year, the amount that all undergraduate students received in federal student loans was $69.42 million.[2] Median salary after attending ranges from $23.000 to $62,000 depending on the field of study and location.

Devry University North Brunswick New Jersey

• Our program offerings reflect DeVry�s focus on the intersection of business, technology and management. We believe that our �hands on,� applications-oriented approach sets us apart from many other institutions, and we place a significant premium on placing our graduates in jobs directly related to their fields of study.

School Highlights

DeVry University-New Jersey serves 244 students (52% of students are full-time).

The college’s student:teacher ratio of 6:1 is lower than the state community college average of 15:1.

Minority enrollment is 68% of the student body (majority Hispanic), which is more than the state average of 60%.

Top Rankings

DeVry University-New Jersey ranks among the top 20% of community colleges in New Jersey for:

• Category Attribute
• Diversity Diversity in US community colleges
• Student Earnings Highest graduate earnings (10 years post graduation)

School Overview

The teacher population of 44 teachers has declined by 43% over five years.

	DeVry University-New Jersey	(NJ) Community College Avg.
Carnegie Classification	Master’s Colleges & Universities: Small Programs	Associate’s Colleges: Mixed Transfer/Vocational & Technical-High Traditional
Institution Level	Less than 2 yrs	At least 2 but less than 4 years
Institution Control	Public	Public
Total Faculty	44 staff	445 staff
School Calendar

Student Body

The student population of DeVry University-New Jersey has declined by 87% over five years.

The student:teacher ratio of 6:1 has decreased from 15:1 over five years.

The DeVry University-New Jersey diversity score of 0.76 is more than the state average of 0.74. The school’s diversity has grown by 11% over five years.

devry university acceptance rate

DeVry University admissions is least selective with an acceptance rate of 96%. The application deadline is rolling and the application fee at DeVry University is $30.

Selectivity

Least selective

Fall 2020 Acceptance Rate

96%

Application Deadline

rolling

SAT/ACT Scores Must Be Received By

N/A