FTC SUING DEVRY OVER JOB, EARNINGS CLAIMS
washington » The government is suing the operators of for- profit DeVry University, alleging they misled consumers about students’ job and earnings prospects.
In the complaint, announced Wednesday, the Federal Trade Commission said it was deceptive for DeVry to claim that 90 percent of its graduates actively seeking employment landed jobs in their fields within six months of graduation.
The agency also says DeVry, which has 55 campuses across the U. S., including in Westminster and Colorado Springs, was misleading when it claimed its graduates had 15 percent higher incomes a year after graduation on average than graduates of all other colleges or universities.
“Educational institutions like DeVry owe prospective students the truth,” said FTC Chairwoman Edith Ramirez in a statement.
DeVry is based in Downers Grove, Ill.