Overview
Dennis Keller and Ronald Taylor met one another in the early 1970s when the two were teachers at DeVry.Keller and Taylor learned the economics of for-profit education while at DeVry and, in 1973, the two founded the Keller Graduate School of Management with $150,000 in loans from friends and family.The school was originally conceived as a day school that granted certificates.The Keller School later switched to an evening program focused on working adults and was offering MBAs by 1976.The school was fully accredited by the North Central Association of Colleges and Schools in 1977, the first for-profit school to be accredited by the body.
DeVry first received full accreditation in 1981.The Keller Graduate School of Management acquired DeVry from Bell & Howell in 1987. The leveraged buyout was worth $147.4 million. The two schools were combined as DeVry Inc. with Keller acting as chairman and CEO and Taylor president and COO.
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 School of Medicine, Ross University School of Veterinary Medicine, 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
Location & Facilities
As of 2014, DeVry University had approximately 90 locations across 25 states in the United States.The university's collective size is over 3 million square feet.
USA Today listed the following schools as "red flag" schools for having default rates that exceeded their graduation rates:
- DeVry University – Florida
- DeVry College of New York
- DeVry University – Texas
- DeVry University – Virginia