The Five College Long Range Planning Committee (LRPC) was appointed in 1968 by the Presidents of the University of Massachusetts and Amherst, Hampshire, Mount Holyoke and Smith Colleges to "review cooperative arrangements among the five institutions, assess their strengths and weaknesses, propose long-range goals for cooperation, and establish priorities among actions required to reach those goals." Concluding that the institutions could use the cooperative arrangements to solve more of their individual problems, the LRPC sought to recommend ways in which the educational offerings of each institution could be improved and strengthened through more effective allocation of limited resources of money, staff, and facilities. In this report, the LRPC presents its recommendations under the headings of academic complementarity (the offering of strengths of one institution in return for access to the strengths of others); cooperative academic programs and activities; student course exchange; the four-one-four calendar; supplementary academic activities; coeducation and cooperation; student life; cooperative planning and use of facilities and services; community relations and public service; the governance of five-college cooperation; and the economic consequences of cooperation. The recommendations range from suggestions for further study on certain matters to proposals with detailed steps that could be immediately carried out. (WM)