13D Filing: International Value Advisers and Devry Education Group Inc. (DV)

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
20549

SCHEDULE 13D

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO § 240.13d -1(a) AND AMENDMENTS THERETO FILED PURSUANT TO § 240.13d
-2(a)
(Amendment No. 10)*

DEVRY EDUCATION GROUP
INC.
(Name of Issuer)

Common Stock, par value $0.01
(Title
of Class of Securities)

251893103
(CUSIP Number)

Shanda Scibilia
International Value Advisers, LLC

717 Fifth Avenue, 10th Floor
New York, NY 10022

(212) 584-3570
(Name, Address and Telephone
Number of Person Authorized to Receive Notices and Communications)

April 11, 2017
(Date of Event Which Requires
Filing of This Statement)

     If the filing person has previously filed a
statement on Schedule 13G to report the acquisition that is the subject of this
Schedule 13D, and is filing this schedule because of Rule 13d-1(e), Rule
13d-1(f) or Rule 13d-1(g), check the following box [   ]

Note. Schedules filed in paper format shall include a
signed original and five copies of the schedule, including all exhibits. See
§ 240.13d -7 for other parties to whom copies are to be sent.

    The information required on the remainder of this cover
page shall not be deemed to be filed for the purpose of Section 18 of the
Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities
of that section of the Act but shall be subject to all other provisions of the
Act (however, see the Notes.)

CUSIP No. 251893103

CUSIP No. 251893103

CUSIP No. 251893103

EXPLANATORY NOTE

This Amendment No. 10 to Schedule 13D (the Amendment) is
being filed with respect to the Reporting Persons beneficial ownership in DeVry
Education Group Inc. (DeVry or the Issuer). This amendment supplements the
Schedule D as previously filed on June 22, 2016 (as amended, the Schedule
13D). Each Item below amends and supplements the information disclosed under
the corresponding Item of the Schedule 13D. Unless otherwise indicated herein,
capitalized terms used but not defined in this Amendment shall have the same
meaning herein as are ascribed to such terms in Schedule 13D.

Item 2. Identity and Background

Item 2 a. is hereby amended and restated as follows:

The Shares reported herein are held by various separately
managed account clients (the Managed Accounts) and certain funds (the Funds)
under the management and control of International Value Advisers, LLC (IVA), a
Delaware limited liability company and an investment adviser registered under
the Investment Advisers Act of 1940. The Funds are the following: (i) IVA
Worldwide Fund, an investment company registered under the Investment Company
Act of 1940, as amended (WORLD); (ii) IVA Global Delaware Fund, L.P., a
Delaware limited partnership (GLOBAL); and (iii) IVA Global SICAV, an
investment company registered in the Grand Duchy of Luxembourg as an undertaking
for collective investment in transferable securities (SICAV). IVA is also the
managing partner of GLOBALs general partner. Charles de Vaulx and Charles
(Chuck) de Lardemelle are portfolio managers (each a PM, and together, the
PMs) for the Managed Accounts and Funds and, as such, have the authority to
make decisions regarding disposition of all Shares. Charles de Vaulx also acts
as Chief Investment Officer (the CIO) of IVA and has the authority to make
decisions regarding voting of some of the Shares.

Item 5. Interest in Securities of the Issuer

Item 5 a. and b. is hereby amended and restated as follows:

The aggregate percentage of Share reportedly owned by each
person named herein is based upon 62,885,000 Shares outstanding, as of January
26, 2017 and reported in the Issuers Form 10-Q filed on February, 2, 2017.

Shared power to vote or direct the
vote: 3,115,289
Sole power to dispose or direct the disposition: 0

Shared power to dispose or direct the disposition: 3,357,491

As of April 17, 2017, the Reporting Persons collectively
beneficially owned an aggregate of 3,357,491 Shares, constituting 5.3% of the
Issuers outstanding Shares.

Each Reporting Person, as a member of a group with the other
Reporting Persons, may be deemed beneficial owner of the Shares directly owned
by the other Reporting Persons. Each Reporting Person disclaims beneficial
ownership of such Shares except to the extent of his or its pecuniary interest
therein.

Item 7. Material to be Filed as Exhibits

SIGNATURE

After reasonable inquiry and to the best of his knowledge and belief, each of
the undersigned certifies that the information set forth in this statement is
true, complete and correct.

Dated: April 17, 2017

International Value Advisers, LLC

EXHIBIT INDEX

*Previously Filed

Exhibit A

TRANSACTIONS SINCE THE MOST RECENT FILING

The Reporting Persons engaged in the following transactions in
shares of Common Stock of the Issuer during the last sixty days: