DeVry University to pay $100M to settle lawsuit alleging it misled students

BOSTON — The for-profit college chain DeVry University and its parent company will pay $100 million to settle a federal lawsuit alleging the school misled students.DeVry and the Federal Trade Commission on Thursday announced a settlement to a lawsuit the commission brought in January. The FTC alleged DeVry deceived students in its advertisements, and claimed that 90 percent of DeVry graduates landed jobs in their fields within six months of graduation.The university will pay $49.4 million