Printer Friendly

DEVRY INC. REPORTS STRONG FINANCIAL RESULTS AND FUTURE GROWTH OPPORTUNITIES

 OAKBROOK TERRACE, Ill., Nov. 16 /PRNewswire/ -- "DeVry Inc. is competitively strong and financially sound," said Chairman Dennis J. Keller today at the company's annual shareholders' meeting. "Fiscal 1993 was a year of progress in many areas, including enrollment increases and earnings growth. As we look to the future, we expect to maintain our positive educational and financial results. This will provide us with additional resources to pursue further expansion opportunities."
 The company today announced plans to open a second Toronto campus in 1994. This will be the 12th undergraduate campus in the DeVry system. Ceremonies this week also marked the official opening of new expanded schools in Los Angeles and Dallas. These new campuses are 25 percent larger than the facilities they are replacing.
 Also at the annual meeting, DeVry Inc. President Ronald L. Taylor announced that DeVry Institute of Technology in Addison, Ill., is one of the 105 U.S. postsecondary institutions selected from 1,100 applicants to participate in the new Federal Direct Student Loan Program (FDSLP). Under the FDSLP, the federal government will provide loans directly to students through schools rather than through private lenders.
 DeVry Inc. (NASDAQ: DVRY), which owns and operates DeVry Institutes, Keller Graduate School of Management and the Corporate Educational Services division, is one of the largest private degree-granting, higher-education companies in North American.
 -0- 11/16/93
 /CONTACT: Diane Salucci or Cathy Klepack, 708-571-7700, ext. 4148, both for DeVry/
 (DVRY)


CO: DeVry Inc. ST: Illinois IN: SU:

CK -- NY081 -- 5173 11/16/93 14:52 EST
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Nov 16, 1993
Words:254
Previous Article:GM, GMAC 'A-' SENIOR DEBT AFFIRMED BY FITCH AFTER PENSION PROPOSAL -- FITCH FINANCIAL WIRE --
Next Article:BILL GATES DEMONSTRATES POINT CONTROL'S SMARTCAM IN SPEECH POSITIONING WINDOWS NT AT COMDEX
Topics:

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters