Addressing America’s Healthcare Human Resource Shortage: DeVry Inc. CEO Daniel Hamburger (Part 7)

SM: Do you offer scholarships or financial assistance for your students? DH: We certainly give back. We like to say that we are doing well by doing good. We are doing well as an organization by doing good things for society and our students. That includes $16 million in scholarships last year alone; 10% of

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Addressing America’s Healthcare Human Resource Shortage: DeVry Inc. CEO Daniel Hamburger (Part 6)

SM: Give me an overview of DeVry Inc. businesses from a revenue point of view. DH: Last year DeVry Inc. did $1.46B in revenue. $989M of that was DeVry University including Keller Graduate School of Management. Our medical and healthcare segment, which includes Ross, Chamberlain, Apollo College and Career Western College, reported $363 million.

Addressing America’s Healthcare Human Resource Shortage: DeVry Inc. CEO Daniel Hamburger (Part 5)

SM: Let’s talk about the other portions of your education portfolio. DH: We have talked about business and medical education. We also have a professional education group. It does about $100M in revenue. Becker CPA review is the number one preparer of students who are going to take the CPA exam.

Addressing America’s Healthcare Human Resource Shortage: DeVry Inc. CEO Daniel Hamburger (Part 4)

SM: Let’s talk about medical school programs. After the two years of foundational learning, how do you deliver the portion of the curriculum that needs to be hands-on? What hospitals do you have relationships with? DH: Our medical school is Ross University. Residency programs depend on the state and speciality of the student.

Addressing America’s Healthcare Human Resource Shortage: DeVry Inc. CEO Daniel Hamburger (Part 3)

SM: Can you use online tools for continuing education for nurses? DH: Nurses who are working may have a registered nursing license, meaning they are an RN, but they do not have a bachelor’s degree. Traditionally, in nursing you could be an RN without a bachelor’s. You could do it with an associates or even

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Addressing America’s Healthcare Human Resource Shortage: DeVry Inc. CEO Daniel Hamburger (Part 2)

SM: In 1987 when Keller and DeVry merged, were they both on-campus programs? DH: Yes. It was pre-Internet and both offered their courses on-site. The next big date was 1991. That is when the school system went public. They were the first, and today there are 14 publicly traded school systems.