UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    Form 8-K

                                 CURRENT REPORT

     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


Date of Report (Date of earliest event reported)          April 21, 2005
                                                --------------------------------

                                   DeVRY INC.
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             (Exact name of registrant as specified in its charter)


          DELAWARE                     1-13988                   36-3150143
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(State or other jurisdiction         (Commission                (IRS Employer
       of incorporation)             File Number)            Identification No.)


ONE TOWER LANE, OAKBROOK TERRACE, IL                               60181
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(Address of principal executive offices)                         (Zip Code)


Registrant's telephone number, including area code        (630)571-7700
                                                  ------------------------------

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2 below):

[ ] Written communications pursuant to Rule 425 under Securities Act (17 CFR
    230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
    CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
    Exchange Act (17 CFR 240.14d-2 (b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
    Exchange Act (17 CFR 240.13e-4(c))


Total number of pages: 12

                                       1



                                   DEVRY INC.
                                 FORM 8-K INDEX

                                                                        Page No.

Item 2.02-Results of Operations and Financial Condition                    3

Signatures                                                                 3

Exhibit Index                                                              4

                                       2



Item 2.02-Results of Operations and Financial Condition
-------------------------------------------------------

On April 21, 2005, DeVry Inc. issued a press release announcing the Company's
fiscal 2005 third quarter operating results and 2005 spring term enrollment
figures. The full text of that press release is included in Exhibit 99.1 in
this Form 8-K.

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.

                                                        DEVRY INC.
                                                      -------------
                                                       (REGISTRANT)


Date: April 21, 2005                                   /s/ Ronald L. Taylor
                                                       --------------------
                                                       Ronald L. Taylor
                                                       Chief Executive Officer


Date: April 21, 2005                                   /s/ Norman M. Levine
                                                       --------------------
                                                       Norman M. Levine
                                                       Senior Vice President and
                                                       Chief Financial Officer

                                       3



                                 EXHIBIT INDEX

Exhibit                                                            Sequentially
Number                           Description                       Numbered Page
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99.1     Press release announcing the Company's fiscal 2005 third       5-12
         quarter operating results and 2005 spring term enrollment
         figures.

                                       4