This tenth annual report of the Maryland Council for Higher Education reports the progress and results of studies undertaken or completed in 1974. During 1974 the council undertook and completed a major study dealing with the financial needs of Maryland private institutions. Complete recommendations are given in chapter 1. The council has expanded its activities to coordinate the Academic Common Market for Maryland higher education institutions as part of the Southern Regional Education Board agreement to monitor and coordinate the Maryland Plan for Completing the Desegregation of its Public Postsecondary Education Institutions, and to assume the responsibilities of the State Postsecondary Education Commission established pursuant to the Education Amendments Act of 1972. The council completed an inventory and common classification of degree programs offered by all the higher education institutions in Maryland offering postsecondary programs. Council committees have been involved in a number of important activities such as allied health manpower planning, faculty workload, faculty collective bargaining, and implementation of higher education management systems. The council believes that the formulation of a Master Plan for the Community College segment is a significant step. A full report and recommendations related to the plan are given in chapter 3. Chapter 2 covers relevant statistics. (Author/KE)