New York Attorney General Eric Schneiderman's office announced a $2.75 million settlement with DeVry Education Group.
The state sued the for-profit institution after an investigation revealed DeVry lured students with ads that exaggerated graduates' success in finding employment after graduation and contained inadequately substantiated claims about graduates' salaries. As part of the settlement, DeVry has agreed to pay $2.25 million in consumer restitution and $500,000 in penalties, fees and costs.
Read more at Inside Higher Ed: https://www.insidehighered.com/quicktakes/2017/02/01/ny-attorney-general-settles-lawsuit-devry