On August 6, I posted the following comment on the Actuarial Outpost:

Graduates of actuarial science programs generally do very well on the exams. Such programs give them a "leg up". But their knowledge still has to be validated by the same exam taken by all candidates.

While the Board voted to explore the issue, it has by no means voted in favor of it. Having seen the merits of how the exam system strengthens our credential throughout my career, I am not in favor of such a change. It would take very strong, convincing arguments to persuade me that this is a good idea.