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Doctor Dreams

By Janet Lorin - 2013-09-10T04:15:08Z

Photograph by Nicholas Calcott/Bloomberg Markets

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Exiting Chairman

Harold Shapiro, DeVry's chairman and a former president of Princeton University, says most DeVry students will make very good doctors, even if they are taking on more risk. Under his leadership, DeVry acquired AUC in 2011 for $235 million. Shapiro says DeVry was attracted partly by the school’s eligibility for federal loans. "Access to federal student loans is very important for a lot of DeVry programs, including that one,” he says. An economist by training, the 78-year-old Shapiro plans to retire from DeVry in November after 12 years on the board and five years as chairman. 

Click here to read more in the October 2013 issue of Bloomberg Markets.