A questionnaire was developed to obtain the following information about students who transfer from four-year colleges to two-year colleges: (1) demographic; (2) reason for leaving four-year institution; (3) future plans; and (4) comparison between institutions. The majority of reverse transfers came from families with income over $7,000 whose parents are engaged in work other than unskilled or semi-skilled. Reverse transfers expected to raise their grade-point average more than one point. The four-year college adviser was of greatest help in making academic decisions at the four-year school, but no specific person helped make the decision to enroll in a two year college. In terms of goals, vocational-technical transfers expected to get a job, while arts and sciences transfers expected to continue school. Sixty-one percent of the reverse transfers were happier in the two-year college. Two-year college instructors were rated higher on ability to stimulate thinking and make courses interesting; two-year instructors were also rated higher in their role as counselors. (RS)