The recent publicly-traded share owners of DeVry knew that the target market, e.g. unprepared and unskilled students, would be unable to complete their studies successfully and most would drop out after several classes. The business model was to make a profit from students who were funded by government-backed loans and who had little of no chance of succeeding, and replacing these students using high pressure sales and fraudulent business practices. This article and study prove this assertion. As the reality of this morally bankrupt business model becomes more apparent every day, enrollments will continue to dwindle to zero.
https://www.nytimes.com/2018/01/19/business/online-courses-are-harming-the-students-who-need-the-most-help.html