FACULTY DISCONTENT, WHICH IS INCREASING AT ALL LEVELS OF HIGHER EDUCATION BUT ESPECIALLY IN PUBLIC JUNIOR COLLEGES AND NEW 4-YEAR INSTITUTIONS, RESULTS MORE FROM A DESIRE TO PARTICIPATE IN POLICY DECISIONS THAN FROM ECONOMIC CONSIDERATIONS. EFFECTIVE CAMPUS GOVERNANCE SHOULD BE BASED ON A CONCEPT OF "SHARED AUTHORITY" OF FACULTY AND ADMINISTRATION INVOLVING A WIDE VARIETY OF ISSUES. THREE ALTERNATIVE APPROACHES, NOT RECOMMENDED BY THE AUTHORS, ARE INFORMATION SHARING AND APPEALS TO REASON, THE USE OF NEUTRAL THIRD PARTIES, AND APPLICATION OF SANCTIONS. SHARED AUTHORITY CAN BEST BE IMPLEMENTED BY AN INTERNAL ORGANIZATION LIKE A FACULTY SENATE, IF AREAS OF PRIMARY RESPONSIBILITY OF FACULTY AND ADMINISTRATION ARE CLEARLY RECOGNIZED. IF INTERNAL ORGANIZATIONS RECEIVE EFFECTIVE ADMINISTRATIVE SUPPORT, INTERVENTION OF OUTSIDE ORGANIZATIONS AND FORMAL BARGAINING RELATIONSHIPS SHOULD NOT BE NECESSARY. THIS DOCUMENT IS ALSO AVAILABLE AS STOCK NUMBER 251-08276 FOR $1.25 FROM AMERICAN ASSOCIATION FOR HIGHER EDUCATION, NATIONAL EDUCATION ASSOCIATION, 1201 SIXTEENTH STREET, NW., WASHINGTON, D.C. 20036. (WO)