My former college shut down! Yay!

[videogamesrock]

Seeing as how they shut down due to consequences of mishandling financial aid funds, they were pretty clearly not working with the rules the government has laid out for them.

It's the rules of the game. I'm sure their mistake was issuing more aid than students had available. My CC did that too. Rather than paying it back it's easier to keep the money and file for bankruptcy.