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Forbes Names Capella Education Company One of the 100 Most Trustworthy CompaniesMINNEAPOLIS --(Business Wire)-- Capella Education Company (NASDAQ: CPLA), a provider of exclusively online post-secondary education through its wholly owned subsidiary Capella University (News - Alert), has been named by Forbes as one of "The 100 Most Trustworthy Companies." This is the second time Capella Education Company has been selected as a trustworthy company by Forbes; the first time was in 2010. Proprietary ratings provider and investment adviser GMI Ratings gives Forbes the rankings. To develop the rankings, GMI reviews the accounting and governance behaviors of more than 8,000 publicly-traded companies in North America. When assessing each company, GMI considers factors including high risk events, revenue and expense recognition methods, SEC (News - Alert) actions, and bankruptcy risk as indicators of a company's credibility. The companies that make this list garnered the 100 highest scores for trustworthy behavior over the four quarters of the previous fiscal year. "We're honored to once again be included in Forbes' list of the 100 Most Trustworthy Companies. This is an outstanding reflection of our integrity," said Kevin Gilligan, chairman and CEO of Capella Education Company. "A strong reputation is invaluable and we have earned ours through our unwavering commitment to our mission, our values, and our learners." About Capella Education Company Founded in 1991, Capella Education Company is a leader in online education, primarily through our wholly owned subsidiary Capella University, a regionally accredited online university*. In addition, Capella Education Company offers online education through Resource Development International Ltd. (RDI), an independent provider of United Kingdom (UK) university distance learning qualifications; and owns Sophia, a first-of-its-kind social education platform that offers students many ways to learn by making free, credible, academic content available to anyone, anywhere, at anytime. Capella University (www.capella.edu) is a regionally accredited online university* that offers online degree programs designed to help working adults advance in their careers. Over 70 percent of Capella students are currently enrolled in master's or doctoral degree programs in business, counseling, education, health administration, homeland security, human resource management, human services, information technology, nonprofit management and leadership, nursing, psychology, public administration, public health, public safety, and social work. Capella also offers bachelor's degree programs in business, information technology, nursing, psychology, and public safety. Within those areas, Capella currently offers 143 graduate and undergraduate specializations and 21 certificate programs, including two direct assessment degree delivery programs. Approximately 35,000 learners were enrolled as of Dec. 31, 2013, from all 50 states and 61 other countries. Capella is committed to providing high-caliber academic excellence and pursuing balanced business growth. Founded in 1993, Capella University is a wholly-owned subsidiary of Capella Education Company, headquartered in Minneapolis. For more information, please visit http://www.capella.edu or call 1.888.CAPELLA (227.3552).
* Capella University is accredited by The Higher Learning Commission and
is a member of the North Central Association of Colleges and Schools
(NCA), www.ncahlc.org. |
