DeVry, Inc. MTA
The Story of An American Company

About this book:

Explore the compelling journey of DeVry, Inc., a company that transformed from a modest Chicago technical school into a major force in global education. "DeVry, Inc.: The Story of An American Company" chronicles its fascinating evolution, from Herman A. DeVry's pioneering "Theatre in a Suitcase" and the DeForest Training School's early focus on practical electronics to its eventual emergence as Adtalem Global Education. This book offers a comprehensive look at how DeVry consistently adapted to technological shifts, expanded its offerings to include associate, bachelor's, and master's degrees, and became a publicly traded entity with a diverse portfolio, including the innovative Keller Graduate School of Management and key acquisitions like Becker CPA Review.

The narrative delves into DeVry's periods of unprecedented growth and profitability, fueled by strategic expansion, the embrace of online education, and a keen understanding of workforce demands. However, it also confronts the significant challenges and controversies that have shaped its legacy, including intense regulatory scrutiny, high-profile lawsuits, and public debates over for-profit education. Readers will gain insight into the company's responses to criticism, including its substantial FTC settlement and efforts at internal reform, culminating in the strategic divestiture of DeVry University and the rebranding of the parent company to Adtalem Global Education, Inc.

Discover how Adtalem Global Education pivoted to a dedicated mission in healthcare education, acquiring institutions like Ross University and Chamberlain College of Nursing to address critical workforce shortages worldwide. Meanwhile, DeVry University, under new ownership, continues its legacy of providing career-focused, online, and hybrid education to a diverse, often non-traditional student body, constantly innovating its curriculum with advancements like Artificial Intelligence. This book provides an invaluable case study for educators, business leaders, and anyone interested in the dynamic intersection of education, technology, and market forces, offering both inspiring successes and crucial lessons from a century of educational enterprise.

What You'll Find Inside:

• **Evolution of a For-Profit Education Giant:** Discover how DeVry transformed from a small 1930s technical school into a major publicly traded company, and ultimately evolved into Adtalem Global Education, reflecting shifts in American higher education.
• **Strategic Diversification and Acquisitions:** Explore the pivotal role of mergers, particularly with Keller Graduate School of Management, and significant acquisitions like Becker CPA Review, Ross University, and Chamberlain College of Nursing in expanding DeVry's reach and offerings.
• **Pioneering Online Education and Technology:** Learn how DeVry was an early adopter and innovator in online and hybrid learning, leveraging technology, including AI, to deliver flexible, career-focused education and enhance student support.
• **Navigating Regulatory Scrutiny and Controversy:** Understand the challenges DeVry faced, including high-profile FTC lawsuits and government investigations concerning advertising practices, and how these led to significant settlements and corporate restructuring.
• **Reinvention and Focused Mission:** Witness the strategic pivot of the parent company from DeVry Education Group to Adtalem Global Education, concentrating its mission on addressing critical global healthcare workforce shortages through specialized institutions like Chamberlain and Walden Universities.

Who's It For:

This book is for anyone interested in the complex dynamics of American higher education, particularly those curious about the rise, challenges, and evolution of the for-profit education sector. It will appeal to students, educators, business leaders, policymakers, and historians seeking to understand how a single company both influenced and was shaped by broader societal, technological, and economic shifts in education.