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)       August 18, 2004

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

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

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

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

Total number of pages: 13


                                   DEVRY INC.
                                 FORM 8-K INDEX

                                                                 Page No.

Item 9 - Regulation FD Disclosure                                  3

Signatures                                                         3

Press Release dated August 18, 2004.                            4-13


Item 9 -Regulation FD Disclosure

On August 18, 2004, DeVry Inc. issued a press release announcing the
Company's fiscal 2004 fourth quarter and year-end operating results and 2004
summer term enrollment figures. The full text of that press release is on pages
4 - 13 of this Form 8-K.


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.

Date: August 18, 2004                              /s/Ronald L. Taylor
                                                   Ronald L. Taylor
                                                   Chief Executive Officer

Date: August 18, 2004                              /s/Norman M. Levine
                                                   Norman M. Levine
                                                   Senior Vice President and
                                                   Chief Financial Officer