DeVry University cut back faculty positions last week in a continuing effort to bolster profits amid decreasing enrollment.
The for-profit institution said Wednesday that it had eliminated the jobs of 134 faculty members, both full-time and part-time. DeVry had already carried out two voluntary buyout programs earlier in the fiscal year. This most recent reduction, in which 29 faculty members voluntarily took a buyout, followed an evaluation of DeVry’s “campus-based instructional needs.”
Once you've done real estate, casinos, an airline, and reality television, what's left? For Donald Trump, there's always higher education.
On Monday Trump unveiled his own "university," which will sell CD-ROMs and offer online courses in real estate and business. No credit or degrees will be offered, although baseball caps and shirts with the university logo may be purchased ($21.95 for a cap, $39.95 for a golf shirt).
As they waited Thursday morning for the House of Representatives higher education subcommittee to vote on legislation to extend the Higher Education Act, lobbyists for for-profit and nonprofit colleges had strikingly different answers to the simple question "How are things going?"
Bruce D. Leftwich, vice president for government relations at the Career College Association, responded with an enthusiastic "Great, great." David S. Baime, who plays the same role for the American Association of Community Colleges, offered an uncertain "I have no idea."