Gee, I'd like one of those, but not with Janko Preotul on it--one just like it is in the picture, "Your Name Here." Funny George.
The FAQs say that if one does not want "Bear State University," they will happily print the name of any other university, including real ones. So that moves it from a mere novelty item to a genuine counterfeiter.
The FAQs actually say you can have any pictures you want. So, if you have graduated from the university's Lovelace School of Oral History . . .