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Another leader in for-profit education is undergoing retrenchment at a time of increased federal regulation and public attention of the industry.
According to published reports in publications including the Consumerist and the Oregonian, DeVry University students at 14 campuses in 11 cities -- including the company's Southfield, Michigan campus -- will only have the option of taking classes online by year-end in a company effort to save expense. 

The Oregonian stated that "the closures are part of a national trend among for-profit universities, which have been criticized for high tuition costs, low retention rates and heavy federal support."

In an obtuse April 23 news release to the investment community, DeVry did not detail the closures, but alluded to changes to improve the company's bottom line:  "Near-term, the university is taking action to differentially invest in its strongest markets and programs; reduce its cost structure; and establish a distinct voice for its brand," the statement said,  "In addition, DeVry University is implementing strategies to place it on a path for growth by enhancing the teaching and learning model, addressing affordability, and strengthening employer workforce solutions. Taken together, these actions are designed to maintain positive economics in fiscal 2016."

In addition to the Michigan campus in Southfield, DeVry is reportedly closing two campuses in Houston, one in Indianapolis, one in Memphis, one in Milwaukee, one in Minneapolis, one in Pittsburgh, one in Portland, two in Seattle, one in St. Louis, and two in Tampa.

These closures may make it more difficult for hundreds of students to complete the programs that they intended to pursue at the time of their enrollment.

If you are a student or faculty with concerns about how the DeVry closings may impact people whose education and jobs depend on the DeVry campuses scheduled to close, you can share those concerns with attorneys at College Watchdogs here.
 


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