For release of information to the general public concerning one of the greatest universities in the United States that fell victim to the state of the United States economy in 2008. Upper State New York University once was a grand university located in New York, New York on Park Avenue. It featured a variety of degree programs for students ranging from Fine Arts Degree Programs to Business Degree Programs, the university started running into financial problems when the enrollment count for the school started dropping drastically beginning in 2003. Upper State New York University started as an idea in Australia and then became a realization in the United States in New York, New York in 1978. School Board Trustees began implementing a plan that would allow for readjustment of degree programs and that would allow for both new and current students interested in distance learning to take classes through the University online. The state of the economy only made it worse as the cost of college tuition began increasing with other colleges and universities to keep up with inflation. Upper State New York University tried to remain competitive, however they broke news in January 2008 that the university was filing for bankruptcy and closing its doors in June 2008. The last graduating class of Upper State New York University graduated May 22, 2008 with many unanswered questions regarding their future. Most questions were in the line of: (1) Since my school closed, will future employers recognize my degree? (2) How will my school closing due to financial problems affect my educational goal in the future? The good news is that Upper State New York University put in place services that would continue verifying student degrees years after the last student left the building. The service that now provides degree verification for students is http://www.federal-verification.us – a free verification service located in Washington, D.C. It should be noted that Upper State New York University was accredited by The Middle States Association of Colleges and Schools and recognized by the United States Department of Education until the school officially closed and ceased operation on Monday, June 02, 2008.
The goal of this article was to inform the General Public of how the state of the economy from 2003-2008 impacted not just the working taxpayer and business owner, but also the educational system, and how sometimes the severity of economical issues can result in schools, colleges, and universities to close their doors and never operate again or to merge with another school, college, or university in order to try to continue to operate. Employers who have employees or potential employees with degrees from Upper State New York University should verify all degrees from the university at http://www.federal-verification.us.567 views