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AUDIO – PEIFFER WOLF: CAPELLA UNIVERSITY CLAIMS “GOOD GUY” STATUS ON STIMULUS FUNDS BUT RAKES IN HUNDREDS OF MILLIONS OF DOLLARS IN US EDUCATION FUNDS FROM VICTIMIZED VETS, OTHER STUDENTS

AUDIO – PEIFFER WOLF: CAPELLA UNIVERSITY CLAIMS “GOOD GUY” STATUS ON STIMULUS FUNDS BUT RAKES IN HUNDREDS OF MILLIONS OF DOLLARS IN US EDUCATION FUNDS FROM VICTIMIZED VETS, OTHER STUDENTS

“Height of Hypocrisy”: As It Gears Up Marketing to Rope In Unemployed in Wake of Coronavirus Pandemic, Capella Misleads Vets and Other Students About Slim Chance of Graduating With a Degree … and Mountain of Extra Debt They Will Take On In the Process of Failing.

MINNEAPOLIS – April 30, 2020 – The drumbeat of marketing already is in high gear for the for-profit, online-only Capella University, which is seeking to rope in unemployed veterans and others who have lost jobs in the wake of the coronavirus pandemic by signing them up for doctorate degree and other programs. Strategic Education, Inc., the owner of Capella University, has disavowed any profit from federal stimulus dollars targeting for-profit universities, but Capella University is misleading vets and other students about their likelihood of graduating with a degree on time (only about 10 percent) and the fact they very likely will end up with tens of thousands of dollars in extra debt in the process, according to the law firm Peiffer Wolf Carr Kane & Conway (Peiffer Wolf).

 

*Statements made by Plaintiff’s Counsel are based on their investigation, information, and belief. Allegations alleged in the First Amended Class Action Complaint (available here) have been denied by Capella.

Peiffer Wolf also has brought actions on behalf of students at two other for-profit universities, both of which also are online-only institutions engaged in misleading students about how long it will take to graduate and the cost of doing so.

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ABOUT PEIFFER WOLF CARR KANE & CONWAY

The law firm Peiffer Wolf Carr Kane & Conway maintains offices in St. Louis, Cleveland, New York, Los Angeles, San Francisco, Austin and New Orleans. Peiffer Wolf is available on the web at https://capellauniversitylawsuit.com/.

MEDIA CONTACT:  Max Karlin, (703) 276-3255 or mkarlin@hastingsgroup.com.

EDITOR’S NOTE:  A streaming audio recording of the news event will be available as of 6 p.m. ET/5 p.m. CT on April 30th at https://capellauniversitylawsuit.com/.

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Peiffer Wolf Carr Kane & Conway | Free Consultations

Peiffer Wolf Carr Kane & Conway represent individuals harmed by fraud, or other unfair or deceptive practices and are continuing to investigate Capella University’s programs. Students who believe they were victims of fraudulent conduct or misrepresentations by Capella University should fill out an online Contact Form or call 314-833-4826 for a FREE Consultation.