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DeVry Commits to 85/15 Revenue Threshold

Today, one of the nation’s largest purveyors of for-profit higher education, the DeVry Education Group, made a commitment to limit how much revenue it receives from federal student aid to 85 percent. Federal law stipulates that no more than 90 percent of revenue originate from federal aid. The move is broadly viewed as a response to broad criticisms of the for-profit education industry.

Eager to know more? Check out coverage from theĀ Washington Post here.