Exhibit 99.1

                     DeVry Inc. Appoints New General Counsel



    OAKBROOK TERRACE, Ill.--(BUSINESS WIRE)--May 4, 2005--DeVry Inc.
(NYSE: DV), an international higher education company, today announced
the appointment of David M. Webster to the position of vice president,
general counsel and corporate secretary, reporting to Ronald Taylor,
DeVry's chief executive officer. Webster began his tenure with DeVry
on April 28, 2005.
    Webster earned his J.D. from the University of Virginia School of
Law in 1975 and graduated magna cum laude with a bachelor's degree in
history from Williams College in 1972. Formerly a partner at Winston &
Strawn, Webster has extensive experience in both domestic and
international law. Webster was a White House Fellow and served as a
trustee of the Village of Winnetka, Illinois.
    "In today's regulatory environment, we believe it is important to
have a strong general counsel, and David brings a great deal of
experience and professionalism to the position. We welcome him to the
DeVry team," said Taylor. Webster joins DeVry from his previous
position at Hawaiian Airlines, Inc., where he was senior vice
president, general counsel and secretary. Webster also previously was
of counsel to Butler Rubin Saltarelli & Boyd and vice president and
general counsel of A.T. Kearney in Chicago.
    Marilynn J. Cason, DeVry Inc.'s previous general counsel, retired
effective March 31. "Marilynn is a valued colleague, a friend and a
16-year veteran of the DeVry family," commented Taylor. "I have been
fortunate to witness her talent as an attorney and general counsel,
her warmth to students and employees and her dedication to
career-oriented education."
    DeVry Inc. (NYSE: DV) is the holding company for DeVry University,
Ross University, Deaconess College of Nursing and Becker Professional
Review. DeVry University, which includes Keller Graduate School of
Management, offers associate, bachelor's and master's degree programs
in technology, business and management. Ross University, through its
schools of Medicine and Veterinary Medicine, offers both doctor of
medicine and doctor of veterinary medicine degrees. Deaconess College
of Nursing offers associate and bachelor's degree programs in nursing.
Becker Professional Review, which includes Stalla CFA Review, provides
preparatory coursework for the certified public accountant, certified
management accountant and chartered financial analyst exams. DeVry
Inc. is based in Oakbrook Terrace, Ill. For more information about the
company, visit http://www.devry.com.


    CONTACT: Investor Contact:
             DeVry Inc.
             Joan Bates, 630-574-1949
             or
             Media Contact:
             Dresner Corporate Services
             Kyra Kyles, 312-780-7208