You are an accounting major at your school. Your goal is to go to graduate school to obtain further education and the appropriate credits necessary to become a certified public accountant. Your goals are well known to your faculty and administration, and it is also well known that your parents and grandparents are CPAs, as well as your older brothers and sisters. As you enter your junior year, after paying your tuition and room and board fees in full, your school loses its regional accreditation, making any degree issued by the school essentially worthless. A worthless degree will not be recognized by graduate schools and will not be recognized by state accounting boards. When you demand a refund, the school refuses, claiming that it will still provide classes and knowledge. Do you have grounds to have the contract terminated and receive a refund?
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