The data for this report were collected during a study of documents used by 164 public and 234 nonpublic institutions of higher education that grant the baccalaureate or higher degrees. A review of general characteristics of salary schedules and descriptions of their contents are provided. All but 2 of the institutions reported on structure their salary schedules according to professorial rank, and about 25% of them use academic preparation to stratify salary levels within professorial ranks. The report also discusses salary provisions such as levels of minimum and maximum salaries, structure and amounts of increments, qualifications for faculty appointment and promotion, and salary stratification within ranks by academic preparation. These provisions are accompanied by tables containing relevant data on the institutions, which are grouped by type, source of control, and enrollment size. Each of the 5 comprehensive salary schedules included are representative of those found at institutions within each of the 5 institutional groupings used in the report -- public university, public college, institution in state-wide system, nonpublic university, and nonpublic college. Minimum and maximum faculty salaries that were scheduled for the 1967-1968 academic year, and the number of increments by rank, are included for each institution that granted permission for the publication of these data. (WM)