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  1. #1
    Join Date
    Nov 2010
    Posts
    1

    Default School Changed Name, Degree No Longer Offered

    My question involves collection proceedings in the State of: Arizona.
    I receives a degree in Cad technology from a school that was then call The CAD Institute in 1995. Now still paying on loan after several deferred payments.
    I have heard that if the school closes it's doors you are not responsible for the loan. Just not sure if my situation falls into this area or not. The CAD Institute moved to a new location and became the University of Advancing Computer Technology. They initially offered the same degree that I earned from Cad institute. Now that degree is no longer offered and does not exist.
    I recently was in a job search and actually had the question asked to me about the the validity of my degree being listed on my resume from a school that no longer exists or a degree that is no longer offered.
    Any suggestions and/or help will be greatly appreciated.
    Thanks

  2. #2
    Join Date
    Nov 2007
    Location
    Officially across the country from where I've been all my life
    Posts
    4,494

    Default Re: School Changed Name, Degree No Longer Offered

    Look through your loan documents. Does it say anywhere that if the school closes its doors or ceases to exist, that the loan is forgiven?

    I didn't think so.

  3. #3
    Join Date
    Feb 2010
    Location
    CT & IL
    Posts
    5,273

    Default Re: School Changed Name, Degree No Longer Offered

    you have certified transcripts, yes??

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