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DeVry University

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DeVry University
File:DeVry-University-Logo.png
TypePrivate, For-profit
Established1931
Location
Chicago
CampusMultiple: United States, Canada
Websitehttp://www.devry.edu/

DeVry University and DeVry Institute of Technology are a system of private for-profit universities[1] in the United States and Canada. Member campuses are career or technical colleges offering Associate's degrees, Bachelor's degrees, Master's degrees, and graduate certificates in professional studies and business administration.

The school is owned by the corporation DeVry Inc., which is publicly held and traded on the New York Stock Exchange (NYSE: DV). According to the SEC, DeVry has been subject to regular controversy in the form of lawsuits, administrative proceedings and regulatory reviews (see the section on controversy).

History

DeVry Chicago opened in 1931 as the eponymous DeForest Training School named after the perfecter-inventor of the (amplifier type) of electronics vacuum tube, Lee DeForest, a colleague and friend of founder Herman A. DeVry. In the 1950s, the school became known as DeVry Technical Institute. The name was changed to DeVry Institute of Technology in 1968 and to DeVry University in 2002.

  • 1931 DeForest Training School in Chicago opened.
  • 1953 Renamed DeVry Technical Institute.
  • 1966 Acquired by Bell and Howell Education Group, Benton Harbor, MI. Renamed Bell and Howell Schools.
  • 1968 Renamed DeVry Institute of Technology, Continuing with name Bell and Howell Schools for correspondence courses.
  • 1987 Merged with Keller Graduate School of Management, creating DeVry Inc.
  • 1991 IPO of DeVry Inc. stock
  • 1996 Acquired Becker CPA Review (now Becker Professional Review).
  • 2001 According to MSNBC, (along with Strayer University) produced the most students with degrees in information technology of any college in America in 2001.[2]
  • 2002 Combined schools renamed DeVry University.
  • 2003 Acquired Ross University (School of Medicine and School of Veterinary Medicine)
  • 2005 Acquired Deaconess College of Nursing (now Chamberlain College of Nursing).

Curriculum

DeVry University has programs in the following:

Since 2005, Devry Inc. is offering programs in biomedical engineering technology and bioinformatics-related studies. A biomedical technology department has been recently been formed in conjunction with the extant nursing programs. In addition, DeVry Inc. offers professional certications programs in business, office management, and health information technology specialties.[citation needed]

DeVry Inc.'s marketing material states that the curricula developers of this institution put less emphasis on a broad base of study in the traditional liberal arts and research training, and greater emphasis on pragmatic and experiential-based skills, including early hands-on training in career-speciality areas of study.[citation needed]

The university operates on a trimester course schedule and, if taken full-time year round, a student can graduate with a Bachelor's degree in about three years (depending on the program). Most degree programs are offered at both the Associate's and four-year Bachelor's level. In addition, the institution offers various certificate programs such as for specific subfields in Information technology.

Courses and programs are also offered online.

Accreditation

DeVry is accredited by The Higher Learning Commission and is a member of the North Central Association of the Higher Learning Commission.

Some computer and electrical engineering technology programs are accredited by the US Accreditation Board for Engineering and Technology [citation needed]; these programs offered at the Calgary campus are accredited at the Certified Engineering Technology level by the Canadian Technology Accreditation Board[3]. DeVry has not yet sought accreditation for its Biomedical Engineering Technology program.[4]

DeVry has an identifiable federal school code for the state of Illinois for such is recognized by the Free Application for Federal Student Aid U.S. Department of Education FAFSA[5] therefore students who are recruited by this institution qualify for "Title IV" entitlements and its benefits.

DeVry does not meet the standards and licensing requirements in Alberta and New York State to function or advertise as a University. In these regions DeVry continues to operate as the its former name DeVry Institute of Technology. In New York it is accredited as a college (similar to community college accreditation).[citation needed]

Controversies

According to a SEC 10-K report, DeVry is periodically engaged in lawsuits, administrative proceedings, and regulatory reviews related with financial assistance programs and business practices.[6] DeVry is currently facing a list of pending litigation, often initiated by its stakeholders, i.e., students, employees, and business partners and further claims involving DeVry's way of conducting its business. The SEC's report is that this is incidental due the nature of this business.[7]

In 2001, DeVry obtained permission from the Alberta government to grant degrees, on recommendation by the Private Colleges Accreditation Board.[8] This decision was opposed by the NDP (sitting in opposition), the University of Calgary Faculty Association, the Canadian Federation of Students, and the Canadian Association of University Teachers (similar opposition is directed at the University of Phoenix and other private institutions).[9] The NDP claimed conflict of interest as John Ballheim served as both the president of DeVry's Calgary campus and a member of the Premier of Alberta's special advisory council on postsecondary education.[10] DeVry faced class action from many dissatisfied students who wanted Devry Institute of Technology to be closed in Alberta, Canada, but the case was dismissed.[citation needed]

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 CAD$1.7 million and putting up a bond of CAD$2 million.[11]

References

  1. ^ NPR: Seeking a Better Fit from for-profit education
  2. ^ "Who are the new computer whizzes?". Retrieved 2007-03-19.
  3. ^ Academic Calendar (PDF). DeVry Institute of Technology, Calgary. 2007. p. 44.
  4. ^ "Earn a Degree From an Accredited University". Retrieved 2007-04-26.
  5. ^ "FAFSA Official Site". Retrieved 2007-04-10.
  6. ^ "SEC Info - Devry Inc - 10-K - For 6/30/06". Retrieved 2007-04-23.
  7. ^ "SEC Info - Devry Inc - 10-Q - For 12/31/04". pp. p. 21. {{cite web}}: |pages= has extra text (help)
  8. ^ "Pannu wants DeVry's degree status revoked". Retrieved 2007-04-07.
  9. ^ http://www.assembly.ab.ca/isys/LADDAR_files/docs/hansards/han/legislature_25/session_1/20010412_1330_01_han.pdf (PDF). Parliamentary Debates (Hansard). Legislative Assembly of Alberta. 2001-04-12. {{cite book}}: |chapter-url= missing title (help)
  10. ^ http://www.assembly.ab.ca/isys/LADDAR_files/docs/hansards/han/legislature_23/session_3/19950308_1330_01_han.wpd. Parliamentary Debates (Hansard). Legislative Assembly of Alberta. 1995-03-08. {{cite book}}: |chapter-url= missing title (help)
  11. ^ Kuitenbrouwer, Peter (1997-04-03). "A harsh lesson in student loans". Eye Weekly. Retrieved 2007-04-23.
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