Educational and career pursuits of recent black college graduates were studied. The following issues were explored: the contributions of the traditionally-black institution (TBI) to the number of black college graduates, majors of TBI graduates compared to those of black graduates of predominantly white schools, college costs, black graduates' pursuit of graduate and professional school studies, and the experience of TBI graduates in the labor market. The high school achievement level and ratio of males to females were found to be similar for the two groups of graduates. Black graduates of majority institutions were somewhat older. In general the choice of major for black undergraduates at TBIs was not significantly different from black and white undergraduates at majority institutions. The most likely majors were education, business and management, and social sciences. The full-time participation rate in graduate school was the same for all black graduates. TBI baccalaureates were competitive with other college graduates in the job market. While TBI graduates were paid slightly less and tended to work in government more, overall employment rates and types of jobs were similar for the two groups. Appendices include information on the case of Adams v. Richardson and Title III of the Higher Education Act. (SW)