Wow...
I'm not too familiar with SLs.... but for one, I would dispute it (if you haven't already).. then I would definitely write/contact DeVry. Obviously they did not have their records straight. Not really sure who you would need to address though..
It might be a good idea to call up the finance office and see who you need to speak to regarding this. I really don't see how they can report it as a charge off when it was THEIR fault that they didn't send notices to the right address!! (if there truly was a balance - for all we know they could have screwed that up too) I would harp on these guys. They shouldn't be making you suffer for their mistake. If they don't give you some sort of satisfaction (at the very least get it off of your CRs) then (this is what I would do) I would be a squeaky wheel FROM HELL. Filing complaints, writing letters, making phone calls and getting on their last nerve until they listened and helped me.
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