Final answer:
A broker license applicant in Alabama must be a high school graduate or possess an equivalent educational credential, like a GED, among fulfilling other state requirements.
Step-by-step explanation:
An applicant for a broker license in Alabama must be a high school graduate or have the equivalent education. In the context of real estate, this typically means that the applicant should have completed their high school education or possess a General Education Development (GED) certificate.
Meeting educational requirements is just one step in the process of becoming a licensed broker in Alabama, as applicants must also pass the state's licensing exam and fulfill other criteria as set forth by the Alabama Real Estate Commission.