Home > News > April 12, 2007 - Capella's Stock Plunges!

Capella Education Company Stock Plunges!

Capella's Dream Team and the goons at Capella love to blame this site for their bogus financial woes. The only problem is, since this and related sites went up, Capella's enrollment has doubled (yes, you read that correctly, their enrollment DOUBLED) and their stock has soared! Since the stock was first offered in November 2006, it has climbed from an initial offering at $20 to more than $35! Apparently, prospective students (oops, make that "learners") and investors have been so impressed with what they found on our site that they couldn't wait to plunk their hard-earned cash down on Capella University! In fact, so much money has been gushing into Capella's coffers that even Capella's Feeble President, Michael Offerman, recently told the Greentree Gazette (March 2007) that:

"It's been rewarding to see the growth we've had. Our learners and faculty take pride in being associated with Capella University. I'm in a happy place right now." [emphasis our's]

Gosh, we're so pleased that Mikey was "in a happy place." We can't help but wonder if he's still smiling now that the news media has caught wind of some of the unethical things that are occurring under his watch. In fact, since the media picked up the story about the kickback scandal where Capella's Director of Financial Aid has been accused of accepting kickbacks, Capella's Stock (symbol CPLA) has finally taken a nosedive! We can't wait to see how low it may go! Take a look at what's happened to it in the past week:

Mikey, are you still in that happy place?!