only locally? do you even know what regionally accredited means?
Getting state funding hardly equates to being worth anything. It's a scam school. Fall for it if you wish. If your credentials are low enough to consider this cess pool, then you need to be looking at other professions.
This is common for non-accredited schools and distance education schools. I remember one that only had like 4 professors, all of whom went to T4s, that got shut down.
Another reason why attending these types of schools is risky business. You may get your diploma one day and then the school is shut down the next.