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for what reason would your son or daughter like to small quantity out of high school after sophomore year, and start college? in what way would they like to wind up just sum of two units years later eligible to track college at the third- year level? And do it almost for nothing?

Impossible? Nonsense you say? Take a examine at Advantage Academy, another one-of-a-kind innovation of Chicago's DeVry Inc., the for- profit university. This fast track catapult to corporation and career is a real program that just last month transfered out its first 100 graduates. They were saluted by dint of commencement speaker Arne Duncan, superintendent of the highly school system that identified these scholars says DeVry President and COO Daniel Hamburger.

Each had left single in kind of 52 high schools as a sophomore, enrolled the intensive DeVry program that integrated high denomination and college curriculum, continued classes between the sides of the summers, and graduated with the two a high school certificate and a body Associate Degree, qualifying them to come into junior year college. About 20 percent of those continue at Devry for a class and 80 percent go to other associations

Today another 255 are in the Advantage Academy program, hoping to crush four school years into brace DeVry hopes to replicate the program in Columbus, Ohio; Denver and Philadelphia.



Three-year B.A. extent

Or, to what degree would your offspring like to tackle a college edifice [i]or[/i] building program that could offer a bachelor's measure in only three years, in a of the present day science that can open a career path in the same of the fastest growing emerging industries?

one time again, Devry is breaking strange ground with its introduction of a quality sequence in Game and Simulation Programming. That's a $10 billion industry, shoot forwarded to grow to $42 billion at 2010, Hamburger says.

"Our applications-oriented studies provide preparation in the math and physics of game programming fundamentals, game design, massively multi-layer online game plus two- and three-dimensional graphics programming," Hamburger says. "And our entire faculty are not simply theorists, unless professional practitioners in this field."

The fledgling science has already surpassed Hollywood filmmaking in entertainment incomes he points out, and it is finding vast of the present day uses in simulation programming of that kind as for flight simulations, medical simulation, crime show reconstruction and battlefield planning. The U Army has stocked $100 million for simulated training games throughout the next three years, he says.

The courses are showed at nine of DeVry's 80 campuses and also online. They launched at the Tinley Park campus last week.

These influences add fresh momentum to the comeback story of a Chicago fiction that turns 75 this year.

placeed here by Dr. Herman DeVry the inventor of the first portable domicile movie projector, whose company became part of Bell & Howell, the for-profit education pioneer was bought in the 1970 on Chicago's Dennis Keller and Ron Taylor, its not absent CEO.

Since a 1991 IPO, financial performance and the stock have been forward an erratic path. The stock clos Monday at $2110 about midway between its 52-week range of $1740 and $2775

In the last year, the company's heavy concentration in technology studies, health care career preparation and accounting has propell it into the forefront of the for-profit literary institution [i]or[/i] seminary of learning field. In the

latest academic terminus new DeVry undergraduate enrollment pass by a leaped 16.4 percent to about 10400 bookish mans far exceeding peer growth rates. Its Keller Graduate academy of Management saw new enrollment rise 12 percent and its Ros University, Caribbean-based medical and veterinary corporations had a 4.5 percent rise. Total online learner enrollment had a 46 percent increase.

These runs boosted fiscal nine-month revenue 7 percent to a record $626 million, while unadulterated income for the first three quarters soared 76 percent to $312 million, or 44 cent by share. Fiscal 2006 results will be announced Aug. 17 when Hamburger count upons to report earnings per share of 62 cent up from 38 cent and he predicts 2007 profits of 90 cent a share, and $115 in 2008

Management continuity

individual consistent fan of all this has been Matt Litfin, senior equity analyst at William Blair & Co "We especially anticipate for situations that have athletic management continuity plus reinvigoration by dint of exceptional new talent," he says. common prime example of the latter is Hamburger, 42 who joined as president sum of two units years ago with a background in computer simulation at Accenture, building WW Grainger's Internet intercourse Group, and at Harvard Business academy

Litfin dioceses a sharp uptrend at DeVry with total enrollment growing 5 percent to 7 percent in 2007 from its quick in emergencies 48,000, a potential price increase of 5 percent and margins boost on more intensive use of facilities.

T Pincus is a finance professor at DePaul and an independent communications consultant and journalist.

e-mail: theopincus@hotmail.com

Copyright CHICAGO SUN-TIMES 2006

Provided from ProQuest Information and Learning Company. All rights Reserved



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