DeVry University is classified as a for-profit institution. Established in 1931, it operates under the DeVry Education Group, which focuses on providing career-oriented educational programs. Being a for-profit university means that the institution's primary aim is to generate revenue while offering a range of courses and degrees in various fields, including business, technology, and health care. For-profit institutions like DeVry typically reinvest their earnings back into the business for growth and enhancement of educational services. Potential students may want to explore the financial implications of attending a for-profit university, as these institutions might have different tuition structures and financial aid options compared to non-profit colleges. For the most current information regarding DeVry University, it may be helpful to check their official website.