DeVry (DV -1.7%) says total Fall 2011 enrollment fell 5.9% from a year ago, with new...

|By:, SA News Editor

DeVry (DV -1.7%) says total Fall 2011 enrollment fell 5.9% from a year ago, with new undergraduate enrollment suffering a double-digit drop. The company cites weak economic conditions and new regulations as reasons for the dip, as for-profit colleges suffer a plunge in enrollments after being required to pull back on aggressive recruiting practices amid criticism related to high student-loan default rates.