Take it or leave it, it's free so you're getting what you're paying for.
You say you have experience with MS products but you obviously define yourself as a long term Cobol programmer. The fact that you have an AAS and lack a BS is completely irrelevant, but it seems pretty obvious you've seized on that, and your age, as the reason for your employment woes.
Perception is far more important than reality. The message you think you're sending is this: I'm an IT professional with many years of experience, possessing a certain very strong area of expertise but with other skills to offer. The message I as an employer am receiving: you're a Cobol programmer, you've always been a Cobol programmer, you'll always be a Cobol programmer. You're change resistant and that validates every stereotype I have of older workers, that they're all stubborn old codgers who think they know everything and can't be trained in anything new.
I'm not trying to rain on your parade, I'm just trying to give you a different perspective. You and I are in the same age group. I started out as a Cobol programmer 30+ years ago also, but the last line of Cobol code I wrote was in 1976. You should do what's right for you, but you ignore the perceptions and perspectives of others at your own risk.
I'd strongly advise you to repackage yourself. Rewrite your resume to focus on business value and don't mention Cobol at all. Only talk specifically about your "new technologies" knowledge, and when talking about your past successes only discuss application functionality and not the details of the code. You want to capitalize on your experience, but the portion of your background you're so rightly proud of is not what's going to get you a job. Package yourself as a senior technologist who can bring to bear years of experience on aligning technology with business strategy and you'll have a new job before you know it.
You don't have to betray your background or the things you like to do in life in order to be successful. You merely have to compromise a little, to accept the reality of the workplace. Life is not as we'd like it to be, it is as it is.