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This discussion grows ambiguous because "a degree" seems to signify both a bachelor's degree and any degree. It would help me if, when someone writes that such-and-such university or college offers a degree in three years, they would say whether that degree was considered a bachelor's degree and whether it comprised the amount of study normally involved in getting a bachelor's degree. Interesting that a group of language specialists like us should ask ourselves what seems to be a straightforward question but which turns out to have two ambiguous terms (i.e., "three years" and "a degree").