This book provides a 1977-1978 composite state-by-state profile of higher education in states of the Southern Regional Education Board (SREB), an enlargement of information concerning the education of blacks, and a set of alternate college enrollment projections. Most of the measures include elements for the nation, the 14-state region and each of the SREB states. Selected statistics are provided on the following areas: population and economy, enrollment and institutions, enrollment projections, degrees, institutional finances, student finances, and faculty. Tables include the following information: per capita personal income, state and local tax revenues, number of postsecondary education institutions by type and control, full-time-equivalent enrollment in public institutions, total enrollment by level, graduate enrollment, part-time enrollment, medical school enrollment, full-time black undergraduate enrollment in predominantly black institutions, total black enrollment by level, black enrollment by type of institution, projections of total enrollment to 1981 and 1986 assuming no change in participation rates and assuming continuation of past trends in participation rates, degrees awarded to black students and by sex, current funds revenues for public institutions, current funds expenditures, federal obligations to universities and colleges by agency, federal financial aid programs/amounts allotted, state aid programs to students, and salaries of faculty. State agencies are listed and a bibliography is included. (SW)