DeVry to pay restitution to NY graduates after settling with AG
DeVry University will pay $2.25 million in restitution to certain New York graduates following a settlement with state Attorney General Eric Schneiderman over the college’s advertising practices.
The settlement, announced Tuesday, calls for restitution for certain graduates of associates and bachelor’s degree programs at DeVry’s New York campuses and New Yorkers who graduated from the college’s online associates and bachelor’s degree programs. DeVry also will have to pay $500,000 in penalties, fees and costs and reform its practices regarding how it represents graduates’ employment and salary outcomes.
DeVry has three New York City campuses.
Schneiderman’s office said DeVry advertisements claimed that 90 percent of graduates who are actively seeking employment find a job in the field they studied within six months of graduating. But Schneiderman’s office claims the 90 percent number was misleading because a large number of graduates included in that count were already employed prior to graduation or employed before they enrolled at DeVry.
Read more: http://blog.timesunion.com/capitol/archives/271761/devry-to-pay-restitution-to-ny-graduates-after-settling-with-ag/
