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Importance of ABET accredition?

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how important is ABET accredition? Lets say, I get an engineering degree from an institution whose courses are not accreditated by ABET. Does that mean, I am not termed as an engineer after i GRADUATE. And will I have difficulties finding engineering jobs. Does anyone know the disadvantages of taking an engineering degree not accredited by ABET. Any help is appreciated. Thank you

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