- DeVry Education (DV -0.8%) announces it reached an agreement with the Department of Education over maintaining student-specific data to substantiate historical graduate employment rate claims
- The settlement includes an agreement to no longer use the statistic in question or to make any other representations regarding the graduate employment outcomes of DeVry University graduates from 1975 to October 1980.
- Also as a result of the settlement agreement, DeVry University’s participation in Title IV programs will be under provisional certification.
- The company says the settlement won't hinder its ability to serve current or future students.
- Source: Press Release