For more than three decades, accounting professionals, accounting educators, and accounting bodies have debated requiring more education for those entering the public accounting profession. In 1988, the AICPA passed a resolution mandating 150 college credit hours as a minimum educational requirement for all new members of its organization after 1999. This requirement placed added pressure on state legislators to pass new accounting legislation, and during the 1990s, an increasing number of states passed the “150-hour rule.” Some groups, however, oppose this move and argue that it is restrictive to entry of minority groups and that it will unnecessarily reduce the number of accounting graduates and put accounting educators “out of work” as students opt for less expensive educational alternatives. Why does the accounting profession recommend more education for new accounting professionals? Why would some groups resist this move? As an accounting student, were you deterred in your decision to major in accounting because of the “150-hour rule”? Why or why not?