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                         EXHIBIT 18



November 8, 2004



Members of the Audit Committee
   Of the Board of Directors of DeVry Inc.
Charles A. Bowsher, Chairman
David S. Brown
Harold T. Shapiro

Dear Audit Committee Members:

We are providing this letter to you for inclusion as an
exhibit to your Form 10-Q filing pursuant to Item 601 of
Regulation S-K.

We have been provided a copy of the Company's Quarterly
Report on Form 10-Q for the period ended September 30, 2004.
Note 3 therein describes a change in accounting principle
from consolidating the Becker CPA Review subsidiary using
its April 30 fiscal year-end to using a June 30 year-end,
which coincides with the Company's fiscal year-end.  It
should be understood that the preferability of one
acceptable method of accounting over another for the
determination of an appropriate subsidiary year-end for
purposes of consolidation has not been addressed in any
authoritative accounting literature, and in expressing our
concurrence below we have relied on management's
determination that this change in accounting principle is
preferable.  Based on our reading of management's stated
reasons and justification for this change in accounting
principle in the Form 10-Q, and our discussions with
management as to their judgment about the relevant business
planning factors relating to the change, we concur with
management that such change represents, in the Company's
circumstances, the adoption of a preferable accounting
principle in conformity with Accounting Principles Board
Opinion No. 20.

We have not audited any financial statements of the Company
as of any date or for any period subsequent to June 30,
2004.  Accordingly, our comments are subject to change upon
completion of an audit of the financial statements covering
the period of the accounting change.

Very truly yours,


/s/PricewaterhouseCoopers LLP

PricewaterhouseCoopers LLP
Chicago, Illinois