The most common and most likely answer to this crossword clue is the 10 letter word LICENTIATE
L
I
C
E
N
T
I
A
T
E
More clues leading to the result LICENTIATE
Buddy explains!
The straight part
We know that "One with an academic degree" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case one with an academic degree = licentiate.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does LICENTIATE mean?
LICENTIATE noun- A person who holds the academic degree of license.
- One who has a licence to exercise a profession.
- A friar authorized to receive confessions and grant absolution in all places, independently of the local clergy.
- One who acts without restraint, or takes a liberty.