General Discussion
In reply to the discussion: Gravis Marketing Exposed II. The Evisceration of Douglas Kaplan [View all]starroute
(12,977 posts)It's one of those notorious for-profit universities that advertise heavily and are responsible for a disproportionate number of student loan defaults.
http://usatoday30.usatoday.com/news/education/story/2011-10-18/student-loans-for-profit-college/50819470/1
For-profit schools such as the University of Phoenix, DeVry University and hundreds of smaller institutions have been particularly successful in winning students and their federal aid by offering courses that focus on specific careers, often taught online and aimed at older, non-traditional students. . . .
Critics have questioned the quality, cost and tactics of some for-profit schools. Sen. Tom Harkin, D-Iowa, led an investigation last year that found that nearly one-fourth of students from for-profit colleges default on their loans within three years of leaving school, most without a degree. The senator's report: "Debt without a Diploma."
Nearly half of all federal student loan defaults occur at for-profit schools, although the schools have only 10% of higher education students, Harkin found.
http://en.wikipedia.org/wiki/DeVry_University
In 1995, DeVry was suspended from Ontario's student loan program after a large number of its students misreported their income. . . .
In 1996, students of DeVry's Toronto campus filed a class-action suit claiming poor educational quality and job preparation; the suit was dismissed on technical grounds. . . .
In November 2000, Afshin Zarinebaf, Ali Mousavi and another graduate of one of DeVry Universitys Chicago-area campuses filed a class-action lawsuit accusing DeVry of widespread deception, unlawful business practices and false advertising and alleging that students were not being prepared for high tech jobs. . . .
In January 2002, Royal Gardner, a graduate of one of DeVry Universitys Los Angeles-area campuses, filed a class-action complaint against DeVry Inc. and DeVry University, Inc. on behalf of students in the post-baccalaureate degree program in Information Technology. The suit alleged that the nature of the program was misrepresented by the advertising. . . .
In April 2007 the State of New York settled with three schools that were participating in questionable student loan practices. DeVry, Career Education Corporation, and Washington University in St. Louis were involved with the settlement. . . .