The Tennessee Higher Education Commission, in cooperation with the governing boards and institutions, surveyed 1973-74 graduates of public colleges and universities to (1) provide information on career tracks and post-college activity at various degree levels, and (2) develop instruments and information systems procedures for the acquisition and analysis of such data on a recurring basis. Responses were received from 4,154 graduates, better than 53 percent of the sample. Results of the study focus on characteristics of graduates, post-graduate activities, evaluation of educational experience, and open-ended questions such as what the graduates considered the most positive and worthwhile experience. This report contains answers to the survey questions and a statement of implications for decision-making for Tennessee higher education. (Author/LBH)