DeVry University was sued by the Federal Trade Commission (FTC).
Details of the Federal Trade Commission Lawsuit Against DeVry University
The Federal Trade Commission initiated a lawsuit against DeVry University and its parent company, alleging that they engaged in deceptive advertising practices.
The core allegations brought forth by the FTC included:
- Misleading Advertisements: The lawsuit claimed that DeVry University misled prospective students through advertisements that promoted unrealistic outcomes.
- False Promises: These ads reportedly touted high employment success rates and inflated income levels for graduates, which the FTC contended were not accurately represented or substantiated.
This legal action concluded in December 2016 when DeVry University and its parent company agreed to a $100 million settlement. This substantial settlement resolved the FTC's claims regarding the misleading educational claims made by the institution.
For more in-depth information regarding the case, details are available directly from the Federal Trade Commission.
