Although blacks in the Southern region made up 19 percent of the 1970 population, only about 11 percent of all bachelor's degrees and 9.6 percent of all master's degrees in the region in 1974 went to blacks. Black representation varies widely among fields of study, ranging at the bachelor's level from 2 percent in architecture to 23 percent in social work. Black college graduates have the best employment prospects when two conditions coincide: (1) greater demand than supply, and (2) blacks are especially underrepresented in the field. Fields that meet both conditions include the health specialties, engineering, accounting, computer sciences, public administration, and urban and regional planning. Teacher education and most of the social sciences are fields that least meet these two requirements and in which black graduates have the worst employment prospects. In 1974-75, 40 percent of all bachelor's and master's degrees earned by black students were in the field of teacher education, as compared to only 29 percent of all students. (Editor/LBH)