Career Education Corporation

Applying a steady hand as 'private-sector' colleges face scrutiny

Applying a steady hand as 'private-sector' colleges face scrutiny

Daniel Hamburger is quick to whip out his business card.

One side of the card is standard — white background, corporate logo, contact information for the headquarters in Downers Grove.

The flip side is dramatic, painted ripe-tomato red with white letters. It spells out the company's mission, which not only reflects the DeVry Inc. CEO's keen interest in corporate leadership philosophy, and buzzwords, but, he says, represents the guideposts he has used to navigate the most tumultuous period in the for-profit education company's eight-decade history.

Business cards and Hamburger's calm demeanor belie recent turmoil in the for-profit education business. It has been a...