There's a lot of talk about potential university mergers or even failures - which makes me wonder what happens to current, past and future students if a uni does close? Anyone seen this play out in another country? I would guess the current students would be hardest hit - even if merging with another institution there would be no guarantee that their course would still run. Graduates might find it tricky also as how would employers verify the authenticity of their degree qualification? If you lost a certificate or if an employer or a postgrad course entry wanted an academic reference or breakdown of your grades you'd be stuck.