Crossword Genius

Fifty-one cent tea I collect as a degree holder! (10)

Ross

I believe the answer is:

licentiate

I'm a little stuck... Click here to teach me more about this clue!

'a degree holder' is the definition.
The answer and definition can be both people as well as being singular nouns.
Maybe there's a link between them I don't understand?

'fifty-one cent tea i collect' is the wordplay.
'fifty' becomes 'li' (I've seen this in other clues).
'one' becomes 'i' (Roman numeral).
'tea i' becomes 'ate' (I can't explain this - if you can you should believe this answer much more).
'collect' means one lot of letters goes inside another.
'cent'+'ate'='centate'
'i' going into 'centate' is 'centiate'.
'li'+'centiate'='LICENTIATE'

'as' is the link.

Can you help me to learn more?

(Other definitions for licentiate that I've seen before include "Qualified professional" , "Certificate of competence holder" .)

I've seen this clue in the Sydney Morning Herald.
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