The Shengda College graduating class of 2006 rioted because their diplomas had Shengda College written on them. The students had been promised that they would be getting degrees from Zhengzhou University.
I've never heard of either of these schools, but I can imagine the horror if people expecting degrees from Havard University instead got diplomas from Eastern Massachusetts Community College.
Although the different name on the diploma has no impact on on the graduates' actual knowledge or job skills, apparently in China, as in the U.S., employers value the credential a lot more than they value actual ability to do the job. So the graduates are rightly upset, because the name change on the diploma will probably have huge negative economic consequences for the rest of their lives.