A review of current faculty salaries within the context of the Washington Council for Postsecondary Education policy position includes comparison with various measures of competition and the effect of past, present, and projected increases in the cost of living. Tables include listing for: average faculty salaries; consumer price index for fiscal years 1968-1977; weighted average salaries in Washington colleges and universities compared with seven other states, 1967-1977; percentage of faculty ranks in Washington institutions compared with other states; average salaries by state for faculty in institutions reporting data to AAUP, 1974-75. A comparison of data leads to comments regarding the status of faculty salaries in Washington Public Higher Education. (Author/KE)