This report provides the technical documentation and detail supporting the policy paper of the same title. The study reported here examined the relationship between various state financing policies for postsecondary education to graduate and professional education in Minnesota. Following an overview of the Coordinating Board recommendations, giving their background and the rationale and impact of each, the report is organized into the following chapters: (1) introduction (reassessing graduate and professional education, mandate and purpose, approach and organization); (2) nature and costs of graduate and professional education (diversity of purpose, degrees and costs); (3) financing of systems and institutions in Minnesota (financing policies, University of Minnesota funding, state university system funding, policy impacts, and alternative policies); (4) financing of programs related to advanced study in Minnesota; (5) financing of graduate and professional students in Minnesota; (6) status of graduate and professional education in Minnesota; (7) importance of graduate and professional education in the United States; (8) national market conditions; and (9) conclusions (issues and alternatives). Forty-three tables provide data on funding, expenditures, revenues, tuition, enrollment, student finances, and degrees. A list of advanced degree programs is appended. (KM)