downers grove, IL, United States
downers grove, IL, United States

DeVry University is a division of DeVry Education Group, a for-profit higher education organization that is also the parent organization for Keller Graduate School of Management, Ross University, American University of the Caribbean, Carrington College, Chamberlain College of Nursing, Becker Professional Review, and DeVry Brasil. The school was founded in 1931 as DeForest Training School, and officially became DeVry University in 2002. As of 2014, DeVry had over 60,000 students across 90 campuses throughout North America and over the internet.DeVry Education Group is headquartered in Downers Grove, Illinois, and Daniel Hamburger is the company's CEO. DeVry University is regionally accredited by the North Central Association of Colleges and Schools.As a for-profit school, Devry has faced increasing scrutiny and criticism from the US government, state Attorneys General in Illinois and Massachusetts, the Pew Foundation, and the Mississippi Center for Justice . Wikipedia.


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News Article | May 17, 2017
Site: www.businesswire.com

DOWNERS GROVE, Ill.--(BUSINESS WIRE)--According to a recent study by the Career Advisory Board1, there is a general lack of technical proficiency among those entering the workforce. A 2015 study sponsored by The Manufacturing Institute and Deloitte2 found the skills gap in manufacturing could lead to an estimated 2 million unfilled jobs in the United States over the next decade, prompted in part by a lack of STEM (science, technology, engineering and math) skills among its workforce. To help bridge this growing tech skills gap, DeVry University is expanding DeVry Bootcamp to include 11 online Advanced Manufacturing Programs in collaboration with 180 Skills, an online career and technical education company for the advanced manufacturing industry. These skill-based, manufacturing training programs are designed to help students learn the technical skills and develop the competencies needed for entry-level advanced manufacturing roles, including machining, quality control, safety and automation, across a variety of industries in as little as two to three months. Offered online in Illinois, Ohio, Indiana and Michigan, the Advanced Manufacturing Programs offer a blend of step-by-step explanations, interactive visuals, simulations and assessments enabling students to master the program materials efficiently and at their own pace. Specific programs include: “DeVry University has deep roots in technology and 86 years of experience teaching students the necessary skills to help shape their future,” said Shantanu Bose, Ph.D., provost, DeVry University. “With the resurgence in American manufacturing, it’s imperative students are trained to meet the growing demand for high-tech manufacturing skills. DeVry Bootcamp is here to help both students and employers bridge this skills gap.” To more information about the DeVry Advanced Manufacturing bootcamp programs, visit http://manufacturing.devry.edu. DeVry University’s mission is to foster student learning through high-quality, career-oriented education integrating technology, business, science and the arts. Founded in 1931, the university offers undergraduate and graduate programs onsite and online within its five distinguished colleges of study: Business & Management, Engineering & Information Sciences, Health Sciences, Liberal Arts & Sciences, and Media Arts & Technology. The university is accredited by The Higher Learning Commission (HLC, www.hlcommission.org). To learn more about DeVry University, visit devry.edu. 1 Career Advisory Board, “ Exploring America’s Tech Skills Gap and the Parallel Deficits of Applied Tech Skills and Hard Tech Skills,” 2017 – press release; executive summary – page 2, second graph 2 The Manufacturing Institute and Deloitte, “The skills gap in U.S manufacturing 2015 and beyond,” 2015 – research summary - page 2


News Article | May 16, 2017
Site: www.businesswire.com

DOWNERS GROVE, Ill.--(BUSINESS WIRE)--A 2017 study by the Career Advisory Board1 noted the growing technology skills gap among current U.S. employees and job applicants, as well as a general lack of technical competency for those entering the workforce. To help in closing the tech skills gap, DeVry University is offering a new educational pathway for its students – the DeVry Technology Pathway, (DeVry Tech Path). With its Tech Path, DeVry has embedded technology-related curriculum within many of its degree and certificate programs. To ensure its Tech Path-designated programs are accessible, the university is also reducing tuition rates in these associate and bachelor offerings for new and readmit students. While the Career Advisory Board study identifies a shortage of hard tech skills – the ability to deploy specific technologies – employers have a broader concern over the lack of applied tech skills. Applied tech skills refer to individuals understanding how to use technology for the benefit of an organization. In fact, a vast majority (77 percent2) of employers said their competitive advantage lies in using applied tech skills to solve problems, and they desire a workforce with the proper skills to do so. To help address the need for applied tech skills, DeVry is offering the DeVry Tech Path, which includes courses through which students can learn how to connect people, process, data and devices in new ways to solve business problems. The Tech Path curriculum leverages tech-centric, experiential and project-based instruction for a deeper educational experience applicable to industry demands. “Traditionally, degree programs with a focus on technology tend to have a hard tech skills slant needed within a particular industry,” said Robert Paul, president of DeVry University. “With the DeVry Tech Path, DeVry is embedding applied technology at the core of our curriculum. Our priority is to help students build their overall skill proficiency and technical competency, and better position them to make a difference in today’s dynamic, interdependent and digitized world.” DeVry University is also lowering the tuition rate for its Tech Path-designated associate and bachelor programs to $487 per credit hour. The new tuition rate will be effective for new and readmit students beginning with the July 2017 session, which starts July 3. This is a reduction of 20 percent from the current $609 per credit hour for non-Tech Path-designated programs. “DeVry University is tackling the tech skills gap head-on and doing our part to prepare students for the modern workforce,” added Paul. “By lowering the tuition on the DeVry Tech Path-designated programs, we hope to make closing the tech skills gap more attainable for our students and employer-partners.” For more information about DeVry University and the DeVry Tech Path, visit devry.edu. To view the findings from the Career Advisory Board research, visit www.careeradvisoryboard.com. DeVry University’s mission is to foster student learning through high-quality, career-oriented education integrating technology, business, science and the arts. Founded in 1931, the university offers undergraduate and graduate programs onsite and online within its five distinguished colleges of study: Business & Management, Engineering & Information Sciences, Health Sciences, Liberal Arts & Sciences, and Media Arts & Technology. The university is accredited by The Higher Learning Commission (HLC, www.hlcommission.org). To learn more about DeVry University, visit devry.edu. 1 Career Advisory Board, “ Exploring America’s Tech Skills Gap and the Parallel Deficits of Applied Tech Skills and Hard Tech Skills,” 2017 – press release; executive summary – page 2, second paragraph 2 Career Advisory Board, “ Exploring America’s Tech Skills Gap and the Parallel Deficits of Applied Tech Skills and Hard Tech Skills,” 2017 – press release; executive summary – page 2, fourth paragraph


News Article | May 25, 2017
Site: www.businesswire.com

CHICAGO--(BUSINESS WIRE)--Adtalem Global Education (NYSE: ATGE), a leading global education provider, today announced that Gena Ashe has been named senior vice president, chief legal officer, and corporate secretary of the company, effective May 30, 2017. She will serve on the company’s executive leadership team, reporting to president and CEO, Lisa Wardell, and will be responsible for strategic leadership and oversight of all legal matters impacting the enterprise worldwide. “I am pleased to welcome Gena to the leadership team,” said Lisa Wardell, president and CEO of Adtalem. “Gena brings extensive strategic and global legal expertise to the role of chief legal officer. Her breadth of experience in law department optimization, talent development, mergers and acquisitions, board governance and compliance, combined with her success in counseling companies through periods of transformation, will be instrumental in helping Adtalem reach its strategic objectives.” Most recently, Ashe was executive vice president, chief legal officer, and corporate secretary for BrightView Landscapes LLC (formerly The Brickman Group, Ltd. LLC), the country’s largest landscape maintenance and construction company with more than $2 billion in annual revenues, 22,000 employees and a multi-national scope. At BrightView, she was responsible for all legal, compliance and risk management matters impacting the enterprise, including all corporate governance, board affairs, and mergers and acquisitions activity, and for leading the company’s environment, health and safety function. Prior to her tenure at BrightView, she held senior legal leadership positions in companies across a diverse portfolio of business sectors, including: Darden Restaurants, Inc., AT&T/Lucent Technologies, Inc. and The Public Broadcasting Service (PBS). While at PBS, Ashe led the legal department as deputy general counsel and served as chief regulatory counsel. She began her legal career as an attorney with IBM Corporation after initially working with the company as an electrical engineer and scientist. Ashe holds a Juris Doctorate from the Georgetown University Law Center, a Master of Science, Electrical Engineering from the Georgia Institute of Technology, and a Bachelor of Arts in Mathematics with a minor in Physics from Spelman College. She serves on the board of directors of XPO Logistics, Inc. (NYSE: XPO), a global provider of transportation and logistics solutions and is also a member of the law advisory board of the Georgetown University Law Center, the board of trustees of Spelman College and the board of directors of the National Black MBA Association. The purpose of Adtalem Global Education is to empower students to achieve their goals, find success, and make inspiring contributions to our global community. Adtalem Global Education Inc. (NYSE: ATGE; member S&P MidCap 400 Index) is a leading global education provider and the parent organization of Adtalem Educacional do Brasil, American University of the Caribbean School of Medicine, Becker Professional Education, Carrington College, Chamberlain University, DeVry University and its Keller Graduate School of Management, Ross University School of Medicine and Ross University School of Veterinary Medicine. For more information, please visit adtalem.com.


News Article | May 24, 2017
Site: www.businesswire.com

CHICAGO--(BUSINESS WIRE)--Adtalem Global Education (NYSE: ATGE), a leading global education provider, announced today that it has changed its name from DeVry Education Group, giving the company a name that signifies its student-focused purpose, and providing a more flexible platform that supports its continued diversification across healthcare, professional education, and technology and business. Adtalem Global Education received overwhelming shareholder approval. “I am pleased to announce this next chapter in our history of serving our students,” said Lisa Wardell, president and CEO of Adtalem. “Our new name makes clear our purpose to empower students and our status as a global education provider, reflecting the seven institutions and professional education company that make up our organization, and their own unique brands and strong reputations.” The name, derived from Latin and meaning “to empower,” was chosen from more than 5,000 submissions by Adtalem colleagues from around the world. During the past year, Adtalem has continued to adapt to meet the academic and career needs of its students around the globe. DeVry University has developed its DeVry Tech Path to provide even greater and more distinct value to its students; American University of the Caribbean School of Medicine (AUC) partnered with Western Connecticut Health System to enable AUC students to complete global health electives in Asia, Africa, and Latin America; Ross University School of Veterinary Medicine announced a collaboration with Johns Hopkins Bloomberg School of Public Health to explore research and joint educational activities; Ross University School of Medicine is expanding its reach to students and faculty via its Center for Teaching and Learning; Carrington College is expanding in-demand programs that promote healthcare careers and launching critical supportive certifications like Phlebotomy; Becker Professional Education announced new initiatives to enhance its USMLE preparation course and continues to expand its reach with financial professionals globally via the growth of the Association of Certified Anti-Money Specialists (ACAMS); Adtalem Educacional do Brasil began offering online MBA programs nationally through its Damásio network; and Chamberlain College of Nursing recently established Chamberlain University and launched a Master of Public Health degree program within a new College of Health Professions. The purpose of Adtalem Global Education is to empower students to achieve their goals, find success, and make inspiring contributions to our global community. Adtalem Global Education Inc. (NYSE: ATGE; member S&P MidCap 400 Index) is a leading global education provider and the parent organization of Adtalem Educacional do Brasil, American University of the Caribbean School of Medicine, Becker Professional Education, Carrington College, Chamberlain University, DeVry University and its Keller Graduate School of Management, Ross University School of Medicine and Ross University School of Veterinary Medicine. For more information, please visit adtalem.com.


-- NeWave Sensor Solutions, LLC, Corporation, is excited to announce their patented Smart Shelf system was selected by the Discovery Channel as a new technology that will impact our future. NeWave's Smart Shelf is the only RFID "no tags required" real time on shelf inventory availability solution available.  As a segment of a new Discovery program:, NeWave's Smart Shelf system was highlighted in the segmentlaunched on the Discovery.com web site and Face book pages in April. The Discovery program was sponsored by DeVry University.The new web program launched by the Discovery Channel features new technologies that they believe will have a significant impact on our future. These include Wearable technologies, Home Automation, Drones, and Self Driving Cars. The segment on Cashier Free Retailers was developed to highlight technologies that will allow retailers to automate operations and focus their employees more on improving customer serviceNeWave's Smart Shelf system provides information on shelf item movement to prevent merchandise out of stocks using its unique patented Wave® RFID antenna technology. In simple terms, when an item leaves the shelf, NeWave's Smart Shelf sees it even when it is not tagged. Based on criteria set by the retailer for low inventory limits, the Smart Shelf software signals an alert in real time that can be sent on-site to store managers, or remotely to merchandising and loss prevention personnel as well as suppliers. There is no need to tag items, so you get all the benefits of the solution, without the added labor, item tag and maintenance costs.  The Smart Shelf can also trigger a retailer designated alarm message and a video capture alert within the store that enables theft prevention. The system strives to make it easy to get real time in or low on-shelf stock information anytime to any authorized person or group via any smart device"We are thrilled to be recognized as a leading technology for the future of retailing", stated Dr. Den Burnside, CTO and Founder of NeWave Sensor Solutions. He also added," This along with our Consumer Electronic Show Award in 2016 for engineering innovation certainly reinforces our direction in providing a game changing RFID solution."The Smart Shelf is the first system/technology to provide on shelf merchandise availability without the need for tagging the products on the shelf, greatly lowering use costs while eliminating out-of-stock using real-time restocking information before the last item is removed from the shelf.. The award winning Smart Shelf will be showcased at RFID Live in Phoenix on          May 9-11 in Booth 101.NeWave Sensor Solutions is a leading provider of optimized solutions for today's most challenging item-level Radio Frequency Identification (RFID) problems. The company develops industry-standard RFID technology based on the patented Wave Antenna that sets a new standard for accuracy, versatility and efficiency. The Wave is the first and only antenna specifically designed to be used only for item-level RFID solutions. NeWave's core technology was developed by the world-class ElectroScience Laboratory (ESL) of The Ohio State University, a pioneer in RF research and development under the direction of NeWave's Chief Technical Officer (CTO), and is produced in partnership with Wistron NeWeb Corporation (WNC), the Taiwan-based global leader in antenna manufacturing. NeWave's management team leverages a strong technical and international business heritage in a variety of industries for accomplishing its mission of providing optimized solutions to today's greatest RFID challenges. For more information, please visit us at www.newaverfid.com . *NeWave®, Wave® and Smart Shelf™ are trademarks of NeWave Sensor Solutions, LLC Plain City (Columbus), Ohio USA+++


News Article | May 4, 2017
Site: www.businesswire.com

DOWNERS GROVE, Ill.--(BUSINESS WIRE)--DeVry Education Group (NYSE:DV), a leading global education provider, today reported academic, operational and financial results for its fiscal 2017 third quarter ended March 31, 2017. DeVry Group also reported enrollment results at its Carrington College, Chamberlain University, DeVry University/Keller Graduate School of Management and DeVry Education of Brazil. “ We remain focused on laying the groundwork to return to consistent revenue growth, while further improving operating efficiencies across our organization,” said Lisa Wardell, president and CEO of DeVry Education Group. “ We are committed to filling the global work force skills gaps that are prevalent in our society through our medical and healthcare, professional education and technology and business program offerings. I’m encouraged with the early traction of our new programs and remain confident that we are taking the right steps to strengthen our value proposition and enhance our growth potential.” Selected financial data for the three months ended March 31, 2017: The fiscal 2017 third quarter results contained pre-tax restructuring charges of $7.8 million primarily related to DeVry University, Carrington College and DeVry Group home office. In the quarter, DeVry Group realigned its reporting segments to reflect its current strategy. For the third quarter, segment revenue of $208.2 million decreased 1.0 percent compared to the prior year, with growth at Chamberlain University more than offset by decreased revenue at the medical and veterinary schools. Chamberlain revenue increased 2.4 percent to $124.9 million, while revenue for the medical and veterinary schools decreased 5.7 percent to $83.2 million. Third quarter operating income for the segment, excluding special items, was $50.8 million, representing a decrease of 11.5 percent from the prior year. Building on the strength of its brand and reputation, Chamberlain has broadened its reach in healthcare education through the establishment of Chamberlain University and the launch of a Master of Public Health (MPH) degree program within its new College of Health Professions. The Master of Public Health degree program enhances Chamberlain’s continued focus on providing health and wellness education, improving healthcare policy through interdisciplinary collaboration and making health a shared value across communities. During the fiscal third quarter, Ross University School of Veterinary Medicine (Ross) was awarded a grant by the National Institutes of Health (NIH) to study mosquito-transmitted arboviruses such as chikungunya, dengue and Zika, which have emerged as global public health threats. Ross will study these viruses in an effort to advance the understanding of how they may be transmitted between animals and humans. Led by Ross, the research is a collaborative effort with investigators at Kansas State University and the University of Georgia. It is the first NIH grant awarded to a research team at Ross. Third quarter segment revenue increased 25.9 percent to $29.8 million compared to the prior year, driven by the Association of Certified Anti-Money Laundering Specialists (ACAMS) acquisition. Segment operating income for the third quarter was $2.6 million, down from $5.9 million from the prior year, driven by a decline in revenue in Becker’s CPA review program and ACAMS revenue seasonality. Becker has continued to focus on growing global revenue through its continuing education programs and through ACAMS. Third quarter segment revenue increased 28.6 percent to $61.8 million compared to the prior year. On a constant currency basis, revenue in the segment grew 5.3 percent driven in part by recent acquisitions. Segment operating income in the third quarter was $5.4 million, up from a loss of $1.6 million in the prior year. DeVry Education of Brazil (DVE) introduced several programs during the quarter such as a new architectural program at Ibmec and a Master’s of Education degree program at Damásio. DVE is focused on leveraging its curriculum and its brands to attract new students. DeVry Education of Brazil launched a new Ibmec campus in São Paulo during the third quarter, which is intended to expand the institution’s access to a broader student population in the primary economic center of the country. In the third quarter, segment revenue decreased 20.8 percent to $153.0 million. Revenue at DeVry University decreased 23.7 percent to $119.4 million during the third quarter, compared to the prior year. Third quarter revenue at Carrington declined 8.3 percent to $33.5 million compared to the prior year. The segment recorded breakeven operating income for the quarter, compared to $1.7 million in the prior year, excluding special items. DeVry University achieved $32.9 million of cost savings in the third quarter compared to prior year, excluding special items. Additional cost reductions are expected in the fourth quarter of fiscal 2017 to maintain positive segment economics. Fourth quarter revenue is expected to be down 3 to 4 percent versus the prior year. Fourth quarter operating costs before special items are expected to decrease 4 to 5 percent versus the prior year. For the full year, revenue is expected to be down 1 to 2 percent compared to the prior year and earnings before special items are expected to grow in the mid-teens range as compared to the prior year. Full year capital spending is expected to be in the $55-60 million range. The effective income tax rate for the fiscal year is expected to be in the range of 20 to 21 percent, before special items. DeVry Group will hold a conference call to discuss its fiscal 2017 third quarter financial results on May 4, 2017 at 4 p.m. Central (5 p.m. Eastern). The conference call will be led by Lisa Wardell, president and CEO, and Patrick Unzicker, CFO and treasurer. For those wishing to participate by telephone, dial 877-407-6184 (domestic) or 201-389-0877 (international). Ask for the “DeVry Education Group Call” or use conference ID: 13655813. DeVry Group will also broadcast the conference call on DeVry Group's website at: http://www.investorcalendar.com/IC/CEPage.asp?ID=175878. Please access the website at least 15 minutes prior to the start of the call to register, download and install any necessary audio software. DeVry Group will archive a telephone replay of the call until Friday, May 19, 2017. To access the replay, dial 877-660-6853 (domestic) or 201-612-7415 (international). To access the webcast replay, please visit DeVry Group's website, or: http://www.investorcalendar.com/IC/CEPage.asp?ID=175878. Since 1931 DeVry Education Group has empowered its students to achieve their educational and career goals. DeVry Education Group Inc. (NYSE: DV; member S&P MidCap 400 Index) is a leading global education provider and the parent organization of American University of the Caribbean School of Medicine, Becker Professional Education, Carrington College, Chamberlain University, DeVry Education of Brazil, DeVry University and its Keller Graduate School of Management, Ross University School of Medicine and Ross University School of Veterinary Medicine. For more information, please visit www.devryeducationgroup.com. Certain statements contained in this release concerning DeVry Group's future performance, including those statements concerning DeVry Group's expectations or plans, may constitute forward-looking statements subject to the Safe Harbor Provision of the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as DeVry Group or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Actual results may differ materially from those projected or implied by these forward-looking statements. Potential risks, uncertainties and other factors that could cause results to differ are described more fully in Item 1A, "Risk Factors," in DeVry Group's most recent Annual Report on Form 10-K for the year ending June 30, 2016 and filed with the Securities and Exchange Commission (SEC) on August 25, 2016 and its most recent Quarterly Report on Form 10-Q for the quarter ending December 31, 2016 and filed with the SEC on February 2, 2017. During the third quarter and first nine months of fiscal year 2017, DeVry Group recorded special items related to the following: (i) Restructuring charges related to severance for workforce reductions and real estate consolidations at the medical and veterinary schools which is part of the Medical and Healthcare segment, DeVry University and Carrington College ("Carrington") which are part of the U.S. Traditional Postsecondary segment, and DeVry Group's home office (not related to any segment) in order to align its cost structure with enrollments; (ii) Charges related to regulatory settlement agreements; and (iii) A charge related to an asset fair value write-down of its Pomona, California campus. During the third quarter and first nine months of fiscal year 2016, DeVry Group recorded special items related to the following: (i) Restructuring charges related to workforce reductions and real estate consolidations at DeVry University and real estate consolidations at Carrington in order to align its cost structure with enrollments; (ii) An asset impairment charge related to the write-down of Carrington's intangible assets and goodwill; (iii) A charge related to an asset fair value write-down at Becker Professional Education which is part of the Professional Education segment; and (iv) A gain on the sale of the DeVry University, Fremont, California campus and student housing facilities. The following tables illustrate the effects of the special items on DeVry Group’s operating income and net income. Management believes that the non-GAAP disclosure of operating income and net income excluding these special items provides investors with useful supplemental information regarding the underlying business trends and performance of DeVry Group’s ongoing operations and is useful for period-over-period comparisons of such operations given the special nature of the restructuring charges, regulatory settlements, loss on assets held for sale, an asset impairment charge and gain on sale of assets. DeVry Group uses these supplemental financial measures internally in its management and budgeting process. However, these non-GAAP financial measures should be viewed in addition to, and not as a substitute for, DeVry Group’s reported results prepared in accordance with U.S. Generally Accepted Accounting Principles ("GAAP"). The following tables reconcile these non-GAAP measures to the most directly comparable GAAP information (in thousands):


News Article | February 16, 2017
Site: www.businesswire.com

DOWNERS GROVE, Ill.--(BUSINESS WIRE)--DeVry Education Group (NYSE:DV), a leading global education provider, today announced that its board of directors has approved its tenth share repurchase program, which allows DeVry Group to repurchase up to $300 million of its common stock through December 31, 2020. In conjunction with the new program, which replaces DeVry Group’s previously approved $100 million share repurchase authorization, the company will cease its bi-annual cash dividend payment. “The significant expansion of our share repurchase program reflects our improved financial performance and our board’s confidence in our strategic direction as well as our focus on delivering increased returns to our owners,” said Lisa Wardell, president and CEO of DeVry Education Group. “We remain committed to balancing our capital allocation efforts with the goal of enhancing academic quality, supporting our growth objectives and consistently delivering value to our shareholders.” The timing and amount of any repurchase will be determined by management and the board based on evaluation of market conditions and other factors. These repurchases may be made through the open market, including block purchases, in privately negotiated transactions, or otherwise. The repurchases will be funded through available cash balances and/or borrowings, and may be suspended or discontinued at any time. Since 1931 DeVry Education Group has empowered its students to achieve their educational and career goals. DeVry Education Group Inc. (NYSE: DV; member S&P MidCap 400 Index) is a leading global education provider and the parent organization of American University of the Caribbean School of Medicine, Becker Professional Education, Carrington College, Chamberlain College of Nursing, DeVry Education of Brazil, DeVry University and its Keller Graduate School of Management, Ross University School of Medicine and Ross University School of Veterinary Medicine. For more information, please visit www.devryeducationgroup.com. Certain statements contained in this release concerning DeVry Group's future performance, including those statements concerning DeVry Group's expectations or plans, may constitute forward-looking statements subject to the Safe Harbor Provision of the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as DeVry Group or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Actual results may differ materially from those projected or implied by these forward-looking statements. Potential risks, uncertainties and other factors that could cause results to differ are described more fully in Item 1A, "Risk Factors," in DeVry Group's most recent Annual Report on Form 10-K for the year ending June 30, 2016 and filed with the Securities and Exchange Commission (SEC) on August 25, 2016 and its most recent Quarterly Report on Form 10-Q for the quarter ending December 31, 2016 and filed with the SEC on February 2, 2017.

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