DeVry University gets slap on the wrist for job placement claims

For-profit colleges explained

DeVry University, one of the biggest for-profit colleges in the U.S., has reached a settlement with the government over a claim that it misled students with a false job placement rate.

The university has long advertised that 90% of its graduates — since 1975 — were employed in their field of study within six months of graduating.

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Personal finance news – CNNMoney.com

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