NOTING THAT TRADITIONAL PH.D PROGRAMS CANNOT MEET THE CURRENT NEED FOR COLLEGE TEACHERS, THIS ARTICLE BRIEFLY DISCUSSES PROPOSALS FOR TWO GENERAL TYPES OF INTERMEDIATE GRADUATE DEGREES--(1) THOSE DESIGNED TO IDENTIFY PROGRESS TOWARD THE PH.D AND (2) THOSE WHICH MARK THE TERMINATION OF A PROGRAM DISTINCT FROM THE PH.D. EXAMPLES OF BOTH TYPES OF DEGREES ARE INCLUDED. EMPHASIS IS GIVEN TO THE CURRENT ATTEMPTS TO ESTABLISH A NEW TERMINAL GRADUATE PROGRAM FOR THE PREPARATION OF COLLEGE TEACHERS. THIS ARTICLE APPEARED IN "CURRENT ISSUES IN HIGHER EDUCATION, 1967--IN SEARCH OF LEADERS," PAGES 106-109. (BN)