DeVry University is a division of DeVry Education Group a for-profit higher education organization that is also the parent organization for Keller Graduate School of Management, Ross University School of Medicine, Ross University School of Veterinary Medicine, American University of the Caribbean, Carrington College, Chamberlain College of Nursing, Becker Professional Review, and DeVry Brasil. The school was founded in 1931 as DeForest Training School, and officially became DeVry University in 2002.
DeVry Education Group is headquartered in Downers Grove, Illinois, and Daniel Hamburger is the company's CEO.DeVry University is regionally accredited by the The Higher Learning Commission.
As a for-profit school, Devry has faced increasing scrutiny and criticism from the US government, state Attorneys General in Illinois and Massachusetts, the Pew Foundation, and the Mississippi Center for Justice (representing former students).
As of 2015, DeVry had more than 42,000 students at more than 55 campuses throughout North America
Keller Graduate School of Management
Dennis Keller and Ronald Taylor met one another in the early 1970s when the two were teachers at DeVry. 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. The school was originally conceived as a day school that granted certificates. The Keller School later became an evening program offering MBAs, focused on working adults by 1976. 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. The Keller Graduate School of Management acquired DeVry from Bell & Howell in 1987. The leveraged buyoutwas worth $147.4 million.[13][14] The two schools were combined as DeVry Inc. with Keller acting as chairman and CEO and Taylor president and COO.
DeVry Education Group
DeVry Inc. successfully completed its initial public offering in June 1991. The university acquired Becker CPA Review, a firm that prepared students for theUniform Certified Public Accountant Examination, in 1996. DeVry acquired Ross University, a medical and veterinary school based in the Caribbean, for $310 million in 2003. The university moved into the nursing field in 2005 with the acquisition of Deaconess College of Nursing, a St. Louis, Missouri-based nursing college that conferred both associate's and bachelor's degrees in nursing. Deaconess College of Nursing was later renamed Chamberlain College of Nursing.
DeVry Inc. entered Brazil with its 2009 acquisition of Faculdades Nordeste, Ruy Barbosa and ÁREA1, which are universities located in Northeast Brazil. In 2012, the university acquired Faculdade Boa Viagem and Faculdade do Vale do Ipojuca. DeVry acquired a sixth Brazilian university, Faculdade Differencial Integral, in 2013. DeVry Inc. was renamed DeVry Education Group later that year
Location
As of 2015, DeVry University has approximately 55 locations across 18 states in the United States.The university's collective size is over 3 million square feet.
In April 2015, DeVry University announced the closing of 14 campuses around the United States by 2016 as part of a larger restructuring strategy. Students affected by the campus closings are eligible for discounted tuition to attend online or other campus locations for the remainder of their degree program.
Academics
DeVry University's academic offerings are organized into five colleges: The College of Business & Management, which includes Keller Graduate School of Management; The College of Engineering & Information Sciences; The College of Health Sciences; The College of Liberal Arts & Sciences, which includes the School of Education; and The College of Media Arts & Technology. The colleges offer a range of associate's, bachelor's and master's degree programs. DeVry University also offers graduate certificates.
DeVry operates on a uniform academic calendar for both undergraduate and graduate degree programs. The university's academic calendar consists of six eight-week sessions. 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:
- Business Administration (MBA)
- Accounting (MSAC)
- Accounting & Financial Management (MAFM)
- Human Resources Management (MHRM)
- Information Systems Management (MISM)
- Network & Communications Management (MNCM)
- Project Management (MPM)
- Public Administration (MPA)
Courses and programs are also offered online. DeVry has offered graduate classes online since 1998 and undergraduate classes since 2001.
DeVry is accredited by the Higher Learning Commission. Engineering technology programs are accredited on campus-by-campus.
In 1995, DeVry was suspended from Ontario's student loan program after a large number of its students misreported their income. DeVry was reinstated after paying fines of C$1.7 million and putting up a bond of C$2 million.
In 2001, DeVry became the first for-profit school to obtain permission from the Alberta government to grant degrees, on recommendation by the Private Colleges Accreditation Board. This decision was opposed by the Alberta New Democratic Party (sitting in opposition), the Canadian Federation of Students, and theCanadian Association of University Teachers. The NDP claimed conflict of interest as an executive at DeVry served as both the president of DeVry's Calgary campus and as a member of the Premier of Alberta's special advisory council on postsecondary education.
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