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DeVry University agrees to $100M fraud settlement

Special to Trice Edney News Wire For the third time in two years, a large, for-profit college has faced charges of defrauding its students. This time, the charges stem from promises of jobs and incomes that never materialized. On Dec. 15, the suburban Chicago-based DeVry University agreed to a $100 million settlement to end a lawsuit filed by the Federal Trade Commission last January.