Higher Education Management Services contributes to the decisionmaking process in Michigan higher education by providing data and information on the past, present, and future financial status of higher education in the states. The report presents comparative statewide data and objective analysis of higher education in the state for both public and independent institutions at all levels, although analysis emphasizes public baccalaureate because of their overall importance in the state's higher education system at present. The focus is on projecting future enrollment, cost, and revenue trends to 1980 and 1985. The major conclusions of the study are: (1) that there is an obvious need for greater state and federal support for higher education institutions in Michigan over the next decade; (2) present funding policies should be modified in the near-term to include support for a funding formula by level of instruction and by program as cost data permits; and in the long-term, enrollment-related funding formulas should be modified to give consideration to funding particular programs and services apart from total enrollments; (3) enrollment gains over the next decade will be relatively modest and are expected to decline by 1985. The report considers each conclusion in detail and ends with a discussion of alternative policy options for decision-makers to weigh and evaluate in light of the analysis contained in the report. (JMF)