Originally founded as a mail-order electronics repair school, DeVry later branched out into computers and accounting, and built campuses in the Chicago and Toronto areas. By DeVry had an enrollment of 30, students nationwide. Dennis Keller, a Princeton and University of Chicago graduate, and Ronald Taylor, who earned degrees from Harvard and Stanford, were working for DeVry in Chicago when they decided in to form their own post-graduate school of business.
Calling the business the Keller Graduate School of Management, Keller and Taylor at first performed all the work the school required themselves, from moving furniture into a rented school room to teaching and balancing the books. By the end of , the company had a staff of five, fewer than 30 students, and almost no money in the bank. Unless a new track could be found, Keller and Taylor knew they would be bankrupt within the year.
Because the school was unaccredited and ineligible for federal loans many potential students could not afford to enroll, even though Keller and Taylor kept tuition lower than other nonprofit institutions. So, instead of continuing to compete with such schools as a full-time day school with a traditional student body, the company switched its focus and began offering evening classes to working adults.
By offering evening classes, the school's students had the option of continuing to concentrate on their careers while at the same time attending classes, a formula which has become increasingly effective to a broad range of students over the past few decades.
The new emphasis proved to be quite profitable for the fledgling business: within two years the school was offering M. Accreditation was traditionally a contentious issue between the academic establishment and for-profit institutions. According to Leslie Spencer, writing in Forbes magazine, the "educational establishment has long thrown roadblocks in the way of for-profit schools by withholding accreditation--the seal of approval required for a school to receive student loans and grants.
Any school seeking to make a profit was automatically denied the seal. Being granted accreditation enabled the school to overcome many obstacles: the school's academic reputation automatically and dramatically improved, making competition with other schools more feasible; federal loans became available to the school's students; and, most importantly, the school could offer degrees instead of certificates.
While the Keller Graduate School saw increases in both profits and enrollment in the s, DeVry Institutes was facing just the opposite: after its peak year of enrollment in , the business began losing students as more and more people began looking towards business education, as opposed to technological training, to increase their career opportunities.
Keller and Taylor, buoyed by the steady growth of the Keller Graduate School, realized that acquiring the company owned by their former employers presented a unique and somewhat risky opportunity for expansion. Many analysts in the industry questioned why a small but vibrantly successful company like the Keller Graduate School would choose to saddle itself with a business which, despite being many times the size of the Keller Graduate School, was slowing in growth and losing profits.
Keller and Taylor, however, saw that if DeVry's curriculum could be changed to meet the needs of the modern computer and technological industry, the two schools conjoined could benefit one another, offering training and educational services to an even broader range of students.
However, Keller and Taylor did not have the financial backing necessary to make such an acquisition. Thus, in , the two men approached Citicorp, and a group of insurers headed up by Massachusetts Mutual Life Insurance Company, and borrowed the necessary funds to purchase the DeVry Institutes. It currently has over 17, students attending its online and in-person classes. Complete Guide. As you will see below, there are some benefits to going to DeVry University.
DeVry University is known to have good technology programs. Some examples of them are technology engineering, information technology, and software information systems.
After all, as mentioned earlier, the founder of DeVry University was an inventor. On the web, you will come across the posts of technology program graduates from the school. Many of them say that they are earning well. Are you planning on taking a technology program from an online school? Consider going to DeVry University. However, this does not mean that you are sure to have a fantastic job after completing a technology program from the school. No matter which school you get your degree from, be it online or offline, it is important to use your training as well as skills the right way to get hired.
Again, the online school is a properly accredited school. This means that employers know that it is offering legit programs. There are many reasons why some people choose to study online. Leading the list, however, is the inability to commute to go to a physical classroom on a regular basis. Going to DeVry University means that you can complete a program without the need to leave your home.
Such can be beneficial, especially if you are living where there is no school that is offering the program that you want. Without having to commute daily, you can save a lot of money. This can help reduce the steep cost of earning a degree. This is what makes finishing college a possibility for someone who is already working, running a business, or raising a family.
Another nice thing about going to DeVry University is that you can complete the program at your own pace. It is completely up to you if you want to get your degree longer than usual or faster than normal. Do you want to experience both online and in-person physical classes to become a well-rounded student? Then check out the next perk of going to DeVry University.
Sadly, it keeps the students from experiencing what it is like to interact with their peers. Having these skills is a plus when the time to apply for a job comes.
Fortunately, that should not be a problem for DeVry University students. They are different from classes that take place via the web. However, they can be taken together.
Hybrid classes are a mix of online and in-person classes. On a regular basis, students who wish to attend hybrid classes will have to go to physical classrooms. The good news is that the students do not have to commute daily.
As a result, they get to save time and money. According to the school, it has more than 50 locations that their students who prefer hybrid classes may visit. For instance, the school has nine locations in California and six locations in Illinois. By the way, some of the locations of DeVry University are military bases. Such is because the school is also providing the needs of veterans and active members of the military. While trying to earn a college degree, many things can happen along the way.
At times, you may have to leave your school and go to a different one. In some instances, you may have to start college all over again. Luckily, going from DeVry University to a different school is not going to be a problem. Such is for the fact that DeVry University has regional accreditation.
This type of accreditation is more prestigious than the national kind. Such can keep you from ending up as a freshman student once again should you decide to transfer. DeVry University, along with Microsoft and CareerBuilder, recently launched Career Igniter , a unique online experience that includes tools and expert advice particularly useful to job hunters in these tough times. Those looking to change careers will find inspirational articles and videos from marketing managers to multimedia programmers, information technologists and others who talk about what they do and how they got there.
The site is a one-of-a kind effort to help real people find their dream careers. Founded in , DeVry University is one of the largest, private sector universities in North America, with nearly 93, students enrolled in the United States and Canada. With more than 90 locations, DeVry University delivers practitioner-oriented undergraduate and graduate degree programs onsite and online that meet the needs of a diverse and geographically dispersed student population.
Senior Director, University Relations Email: media devry. Career Resources. Keller Graduate School of Management is included in this accreditation. Arlington Campus: Crystal Dr. DeVry University is authorized for operation as a postsecondary educational institution by the Tennessee Higher Education Commission. Nashville Campus: S.
Perimeter Park Dr, Ste. Program availability varies by location.
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