The purpose of this study has been to inquire into the extent and character of retention, transfer, and withdrawal of undergraduate students in a group of representative institutions of higher education. Attention has been given to characteristics of students, their standing in high school and on placement, their reasons for going to college, their financial resources, their subjects of greatest interest, the location of their homes in relation to college, where they lived while attending college, their extracurricular activities, and the extent to which they contributed to the defrayment of their college expenses. Particular emphasis has been placed on length of attendance and reasons for transfer and discontinuance. Three appendixes present: (1) Consultants and Participants; (2) Schedules and Forms; and (3) Tables. A bibliography is included. (Contains 78 tables.) [Best copy available has been provided.]