This paper presents results of a research project which explored how veteran teachers and administrators compare and contrast the effectiveness and quality of recent teacher education graduates in relation to that of experienced teachers. Data were sought from a national sample of experienced principals and teachers on selected characteristics, competencies, and abilities of pre-1983 and post-1988 graduates, The study utilized an original three-part instrument which included an opportunity to comment on the reasons for the differences between the two groups. The 500 respondents rated post-1988 graduates significantly higher than pre-1983 graduates in the following areas: (1) understanding of the nature and structure of relevant subject matter; (2) ability to individualize instruction; (3) ability to organize the classroom to create a positive environment for student learning; (4) providing enrichment within courses taught or in curricular areas; (5) working with students and parents of different cultures or races; (6) teaching critical thinking and problem solving skills; (7) establishing high expectations for students; and (8) motivating all students to their maximum potential. Pre-1983 graduates were rated higher in only one area, namely, modeling and expecting correct usage of standard English. The survey form is appended. (IAH)