It appears that this school did not move to a new location, but rather opened up an additional campus. They now have [three campuses][1]: The main campus (Lake Charles Site), the Morgan Smith Site, and the Oakland Site.
Since the Morgan Smith site appears to be new, the actual building does not show up in The National Map + Aerial Imagery baselayer in the TNMCorps editor. However, if you toggle to the ESRI Imagery layer, the building does appear. But even if a building doesn't appear in the imagery, you can go ahead and [create][2] a new point in that location anyway, after confirming that that it is indeed correct.
For this particular feature, go ahead and create a College/University point for the Morgan Smith Site since this school offers [associate degrees][3].
[1]: https://www.sowela.edu/contact-us/
[2]: https://navigator.er.usgs.gov/help/WebHelp/editing/how_to_edit_structure_features/how_to_add_a_new_feature/how_to_add_a_new_feature.htm
[3]: https://navigator.er.usgs.gov/QandA/questions/329/how-to-differentiate-between-technical-community-colleges-and-trade-schools