devry stuart
Post on 05-Apr-2018
231 Views
Preview:
TRANSCRIPT
-
8/2/2019 DeVry Stuart
1/26
S T U A R T A U G U S T I N E
DEVRY INC
-
8/2/2019 DeVry Stuart
2/26
INDUSTRY OVERVIEW
Enrollment Trends
Costs/Tuition
Graduation Rate
Job Placement Economy/unemployment rates
Grants
Federal Loans
Accreditation
-
8/2/2019 DeVry Stuart
3/26
ENROLLMENT TRENDS
Summer/Fall enrollment change from 2010 to 2011
-
8/2/2019 DeVry Stuart
4/26
INDUSTRY SNAPSHOT
Enrollment average =
64,616 Average graduation
rate = 18.6% Average total cost =
$15,605 Total average grants =
$3,938 Total average federal
loans = $9,424
Fiscal year ending 2010
-
8/2/2019 DeVry Stuart
5/26
COSTS/TUITION
-
8/2/2019 DeVry Stuart
6/26
DEFAULT RATES
Fiscal years 2007 to 2009
-
8/2/2019 DeVry Stuart
7/26
ACCREDITATION
For-Profits
Several accredited by national associations
Public and Non-Profits
Typically accredited by regional associations Considered the Gold Standard
Translates into refusal of nationally accredited programcredits
-
8/2/2019 DeVry Stuart
8/26
FEDERAL AID
-
8/2/2019 DeVry Stuart
9/26
GOVERNMENT REGULATIONS
Industry structure
Title IV
90/10 Rule
-
8/2/2019 DeVry Stuart
10/26
GOVERNMENT REGULATIONS
Gainful Employment
-
8/2/2019 DeVry Stuart
11/26
DEVRY INC.
9 schools, 91 campuses plus online
Canada and Brazil
-
8/2/2019 DeVry Stuart
12/26
DEMOGRAPHICS
Career-launchers versus Career-enhancers
-
8/2/2019 DeVry Stuart
13/26
ENROLLMENT BREAKDOWN
DeVrys U.S. Postsecondary Educational Institutions
DeVry University, Keller GraduateSchool of Management
Chamberlain College of Nursing,Ross University, Carrington College
DeVry Brasil, Advanced Academics,Becker Professional Education
-
8/2/2019 DeVry Stuart
14/26
DEVRY UNIVERSITY UNDERGRADUATE
ENROLLMENT TRENDS
Unreported 2011 graduation rates?
*Includes both onsite and online students
-
8/2/2019 DeVry Stuart
15/26
DEVRY UNIVERSITYS ONLINE COURSE
ENROLLMENT TRENDS
Career-enhancers > Career-launchers 2010 74.4% 25+ Implications of economic growth
*Online enrollment is counted toward both new and total student enrollment
-
8/2/2019 DeVry Stuart
16/26
DEVRY UNIVERSITY GRADUATE
ENROLLMENT TRENDS
Economic growth implications
-
8/2/2019 DeVry Stuart
17/26
ROSS UNIVERSITY ENROLLMENT
Ross School of Medicine and Ross School of Veterinary Medicine
-
8/2/2019 DeVry Stuart
18/26
CHAMBERLAIN COLLEGE OF NURSING
ENROLLMENT
Associate Degree in Nursing, Bachelor of Science in Nursing,Master of Science in Nursing
-
8/2/2019 DeVry Stuart
19/26
CARRINGTON ENROLLMENT
*Carrington utilizes DeVry Universitys Online Services Platform to offer non-healthcare degree programs
Carrington College and Carrington College California
Offer more than nursing Medical Assisting, Lab Assistant, Dental Assisting/Hygiene,
Fitness Training, Massage Therapy, etc.
-
8/2/2019 DeVry Stuart
20/26
DEVRY FUNDING RESOURCES
Title IV
State Grants
Private Loans
Student Accounts
-
8/2/2019 DeVry Stuart
21/26
GOVERNMENT REGULATIONS
90/10 ruleDeVry overall
-
8/2/2019 DeVry Stuart
22/26
GOVERNMENT REGULATION
90/10 Ruleby Institution
-
8/2/2019 DeVry Stuart
23/26
COHORT DEFAULT RATES
*Cohort default rate is defined as the percentage of borrowers who entered repayment during aparticular federal fiscal year and defaulted prior to the end of the next fiscal year.
Cohort Default Rates on Student Loansby DeVry Universitys and Programs
-
8/2/2019 DeVry Stuart
24/26
SCENARIOS FOR CONSIDERATION
Perceived Scenario
Within 5 years a revert to 85/15
This will have an adverse effect on the Ross School of VeterinaryMedicine and Carrington College
Gainful Employment
Education being received not of value = no repayment of loans
Downside Scenario
Online classes fail to be of valueresulting in a 50% decline
in enrollment
-
8/2/2019 DeVry Stuart
25/26
SCENARIOS FOR CONSIDERATION
60/40
Low probability of occurring
Does not fit in with current plans to increase the U.S. to #1 incollege attainment.
Not a sustainable option in the long run for all educationproviders
-
8/2/2019 DeVry Stuart
26/26
CONCLUSION
Industrycurrent downturn
DeVry, not a viable investment for Wells Fargo
However OPPORTUNITIES DO EXIST
DeVry University: Graduate Programs (2.6%)
Ross University of Medicine (.2%)
Ross University of Veterinary Medicine (0%)
Chamberlain College of Nursing (1.7%)
American University of the Caribbean
top related