The philosophical justification for private industry involvement in specialized training is that these needs are of such magnitude as to require the best efforts of all who can contribute. The practical justification stems from the realization by industry that it must provide specialized manpower training to meet its own need for effective employees. Industry entrance into the training field dates from the latter part of the past century when no secondary schools offered industrial training. By the late sixties higher education activities of business and industry reportedly totaled almost $20 billion annually, with about 85 percent of the major industries involved. Industrial participation in education and training programs outside industry is a more recent phenomenon. This development grew out of the application of technology to educational problems, and was made possible to a great extent by federal and state programs dating from the mid-sixties. An even newer type of activity is that referred to as performance contracting, another approach to solving some of the problems in education. (Author/AF)