THESE QUOTED CONVERSATIONS WITH FOUR NEGRO AND PUERTO RICAN STUDENTS AT BENJAMIN FRANKLIN HIGH SCHOOL IN EAST HARLEM REVEAL THE NEGATIVE FEELINGS OF TWO OF THE TEENAGERS ABOUT THE VALUE OF AN EDUCATION AND THE MOBILITY ASPIRATIONS OF THE OTHER TWO. THE TALKS SHOW A FATALISTIC HOPELESSNESS ABOUT THE BARRIERS IMPOSED BY RACIAL DISCRIMINATION AND A DEFENSIVE ATTITUDE ABOUT RACIAL IDENTIFICATION. THE RECORDER OF THE CONVERSATIONS FEELS THAT THE MOST "HOPEFUL" NOTE REFLECTED IN THESE EXCHANGES IS THAT THREE OF THE STUDENTS PLAN TO TEACH AND TWO OF THEM ARE ALREADY INVOLVED AS TUTORS. THIS ARTICLE WAS PUBLISHED IN "THE URBAN REVIEW," VOLUME 2, NUMBER 3, DECEMBER 1967. (NH)