Last Updated: February 16, 2022
Federal Trade Commission, Plaintiff, v. DeVry Education Group Inc., formerly known as DeVry Inc., a corporation; DeVry University, Inc., a corporation; and DeVry/New York Inc., a corporation, Defendants
FTC Matter/File Number: 132 3278 X160024
Enforcement Type: Federal Injunctions
Federal Court: Central District of California
Case Summary
In December 2016, DeVry University and its parent company agreed to a $100 million settlement of a Federal Trade Commission lawsuit alleging that they misled prospective students with ads that touted high employment success rates and income levels upon graduation. Under the settlement, DeVry was ordered to pay $49.4 million in cash which was distributed to qualifying students who were harmed by the deceptive ads, as well as $50.6 million in debt relief.
Case Timeline
February 16, 2022
PRESS RELEASE: FTC Enforcement Action Leads U.S. Dept. of Education to Forgive $71.7 Million in Loans for Students Deceived by DeVry University
July 5, 2017
PRESS RELEASE: FTC Returns More Than $49 Million in Refunds to DeVry Students
December 15, 2016
Stipulation as to Entry of Order for Permanent Injunction and Monetary Judgment(526.7 KB)
PRESS RELEASE: DeVry University Agrees to $100 Million Settlement with FTC
January 27, 2016
Complaint For Permanent Injunction and Other Equitable Relief (636.29 KB)
PUBLIC STATEMENT: Opening Remarks of FTC Chairwoman Edith Ramirez
PUBLIC STATEMENT: Separate Statement of Commissioner Maureen K. Ohlhausen, Federal Trade Commission v. DeVry Education Group, et al.
PRESS RELEASE: