DeVry Accused of Misleading Employment and Income Statistics
The Federal Trade Commission (“FTC”) has filed a lawsuit against DeVry University and the DeVry Education Group. DeVry and its parent company are being accused of making false claims regarding the job placement rates and earnings of its graduates. The FTC alleges that the for-profit school claimed 90 percent of graduates land jobs within six months of graduation, and its graduates achieve 15 percent higher incomes one year after graduation than those at all other colleges. On the same day the FTC filed its lawsuit, the U.S. Department of Education issued a limitations notice to prevent DeVry from making deceptive advertisements.
More on the FTC’s lawsuit against DeVry and the Education Department’s limitations notice is available on the Inside Higher Ed Web site.