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Advanced SearchViolation Tracker Individual Record
Company: DeVry University
Current Parent Company:
Cogswell Education
Parent at the Time of the Penalty Announcement:
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Recap of Ownership Changes:
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Penalty: $100,000,000
Year: 2016
Date: December 15, 2016
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Mega-Scandal:
Student Loan and For-Profit College Abuses
Violation Description: DeVry University and its parent company agreed to a $100 million settlement of a Federal Trade Commission lawsuit alleging that they misled prospective students with ads that touted high employment success rates and income levels upon graduation.
Level of Government: federal
Action Type: agency action
Agency: Federal Trade Commission
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: California
Ownership Structure of Current Parent: privately held
Major Industry of Current Parent: miscellaneous services
Specific Industry of Current Parent: educational services
Source of Data:
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Archived Source:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.
