Home News DEVRY UNIVERSITY TO REFUND STUDENTS $2,800 EACH AFTER SETTLEMENT WITH NEW YORK AG SCHNEIDERMAN

DEVRY UNIVERSITY TO REFUND STUDENTS $2,800 EACH AFTER SETTLEMENT WITH NEW YORK AG SCHNEIDERMAN

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About 809 students will each get back $2,800 after a $2.5 million settlement with DeVry University, New York State Attorney General Eric T. Schneiderman has announced. The Attorney General’s investigation found that DeVry lured students with ads that exaggerated graduates’ success in finding employment and contained inadequately substantiated claims about graduates’ salary success, Schneiderman said.

The Better Business Bureau, which is administering the restitution process, is expected to begin sending out checks to the students later this month.

“DeVry exploited students who were simply trying to further their education,” Schneiderman said. “We will not allow hardworking New Yorkers to be ripped off by greedy companies – which is why DeVry is now paying millions in restitution to hundreds of students. My office will not back down from policing unscrupulous for-profit colleges in New York State.”

The Attorney General’s investigation found that many of DeVry’s advertisements centered on a claim that 90% of DeVry graduates who are actively seeking employment obtain employment in their field of study within six months of graduation. The Attorney General’s investigation revealed that the 90% claim was misleading because a substantial number of the graduates included in the figure were graduates who were already employed prior to graduating from DeVry. In fact, many of the graduates included in the 90 percent figure were employed before they even enrolled at DeVry.

In addition, DeVry’s employment outcome statistics inaccurately classified a significant number of graduates as employed in their field of study, when in reality the graduates were not working in their field. For example, DeVry counted graduates of DeVry’s Technical Management program as “employed in field” where the graduates were employed as retail salespersons, receptionists, bank tellers, and data entry workers. In some cases, graduates were counted as employed in their field of study despite holding positions that did not require a college degree.

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