One thing that does not exist today that a college would require is continuing education. As more and more is done in the professions, whether by engineers, lawyers, or doctors, there is a requirement that every year you must meet a target in terms of keeping up to date. A college would set those requirements.
That is not to say that agents today are not keeping up to date. They are, on a volunteer basis. The institute provides many opportunities in terms of webinars and conferences to keep up to date, but it's an important factor. You are correct in raising that question, because it changes continuously. The statutes change, court decisions happen that impact intellectual property, and the technology is always changing. The college would require agents to meet certain targets.