Attorney General Eric Schneiderman announced that hundreds of former DeVry University students will receive restitution as a result of a settlement with the school’s parent company. According to Schneiderman's office,  the investigation into DeVry found it lured students with ads that exaggerated graduates’ success in finding employment and contained inadequately substantiated claims about graduates’ salary success.

The total settlement amount is $2.25 million and each student will receive approximately $2,800 in restitution.