DeVry University is a private for-profit university with its headquarters in Naperville, Illinois, and campuses throughout the United States. The school was founded in 1931 by Herman A. DeVry, as DeForest Training School and officially became DeVry University in 2002. As of September 16, 2019, DeVry reported an undergraduate enrollment of 14,163 and a graduate school enrollment of 4,032, for a total of 18,195 students.
DeVry University has been involved in numerous investigations, lawsuits, and settlements, mostly regarding their inflated claims about the employment rates and salaries of its graduates, as well as regarding education quality and loan practices. It was one of the universities highlighted in the 2018 documentary Fail State. Murray Hastie, an Iraq War veteran with post-traumatic stress disorder, told his story about how he ended up with $50,000 in student loan debt after his experience at DeVry.
In 2014, accumulated student loan debt from DeVry University and Keller, its graduate school, was about $12.1 billion. For the 2018-19 academic year, the amount that all undergraduate students received in federal student loans was $69.42 million.