This might just be the stress of final exams and all, but I'd like to evaluate my worst-case scenario.
I already hold both a BSc and master degree, and am currently (foolishly) pursuing a second master degree. This year I was accepted for a PhD degree at another (US) institution, but I have doubts about being able to graduate from this second master. Would the university which accepted me invalidate my application should I fail my exams this year, or would they consider it okay since anyway I got a previous master degree? I asked by mail the graduate office over there but haven't received any reply as yet.