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Article: DeVry University Issues Statement Regarding Student Lender Practices.
- Article from:
- Business Wire
- Article date:
- April 19, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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OAKBROOK TERRACE, Ill. -- DeVry University announced today that it was one of the more than 60 colleges and universities that in February received an inquiry from the New York Attorney General regarding its student lender practices, and that it has cooperated fully in the review.
The New York Attorney General's Office has focused on relationships between higher education institutions and student loan providers designated as "preferred lenders" by these institutions for their students.
As a result of an internal review, DeVry University has determined that no employee of DeVry received from any lender any form of consideration such as stock, payments for ...