The trend toward increasingly limited opportunities for careers in colleges and university research, teaching, and service and possible courses of action to deal with the situation are discussed in this collection of papers. The focus is largely on decisions to be made on the individual college or university campus. Responses that the educational administrators can take to cope with the expected over-expansion of academic manpower in relation to the number of positions available include: action for effectiveness in utilization of faculty under so-called steady-state conditions; and steps toward improved adaptation of graduate educational programs, which are the primary source of academic manpower. The following papers are presented: "Demand For New Faculty in the South, 1976-1986," by David S. Spence; "Responding with Quality," by W. Todd Furniss; "Career Options and Program Changes in Graduate Education," by Cameron Fincher; and "Influencing Academic Outcomes: The Power and Impact of Statewide Program Review," by James R. Mingle. Enrollment assumptions on which the demand projections are based are included in the appendix. (SW)