SUBSEQUENT EVENT

12 Months Ended

Jun. 30, 2016

Subsequent Events [Abstract]

Subsequent Events [Text Block]

NOTE 17: SUBSEQUENT EVENT

On July 1, 2016, Becker acquired ACAMS, located in Miami, Florida, for approximately $330 million, net of cash acquired. DeVry Group funded the purchases with available domestic cash balances and $175 million in borrowings under its revolving credit facility (see “Note 12: Debt”). ACAMS is the largest international membership organization dedicated to enhancing the knowledge and skills of anti-money laundering and financial crime prevention professionals. The acquisition furthers Becker’s global growth strategy into professional education and enhances Becker’s position as a leading provider of lifelong learning for professionals. ACAMS financial results will be reported within Becker Professional Education as part of DeVry Group’s International and Professional Education segment.