Devry Education Group Inc. (DV) SEC Filing 10-K Annual report for the fiscal year ending Thursday, June 30, 2016

Exhibit 99.1

DeVry Education Group Announces Fourth-Quarter and Full-Year Fiscal 2016 Results

Further diversifies revenue base across multiple in-demand education verticals

Significant cost reductions achieved at DeVry University

DOWNERS GROVE, Ill.--(BUSINESS WIRE)--August 18, 2016--DeVry Education Group (NYSE:DV), a leading global education provider, today reported academic, operational and financial results for its fiscal 2016 fourth quarter and full-year ended June 30, 2016. DeVry Group also reported enrollment results at Carrington College, Chamberlain College of Nursing, DeVry Medical International and DeVry University and its Keller Graduate School of Management.

“In fiscal 2016, we made notable progress in further diversifying our revenue profile, while improving operating efficiencies and building on the quality, relevance and accessibility of the education we provide to our students,” said Lisa W. Wardell, president and CEO of DeVry Education Group. “Looking ahead, we have a strong sense of urgency across our organization as we focus on improving our operating performance and further evolving our offerings to meet the needs of today’s students and to fill the workforce skills gaps that are prevalent in our society. Our long-term strategy is centered on expanding our programs and delivery methods across a number of in-demand professions worldwide; particularly in technology, healthcare and professional education. In fiscal 2017, we will be laser-focused on stabilizing revenue, growing earnings per share and strategic capital allocation.”