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AICPA president pushes back after Education Department reclassifies accounting degrees

Are master’s and doctorates in accounting “professional” degrees? Not anymore, according to the Department of Education. The department’s Reimagining and Improving Student Education (RISE) committee recently released draft regulations that specified which graduate degrees count as “professional” for purposes of federal student loans—and accounting wasn’t on the list. Neither were many graduate degrees commonly considered “professional,” such as … Read more

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