This document discusses findings from a 2001 telephone survey of 8,613 students from the 1996 class of four British Columbia Universities. Only students who had entered a British Columbia University directly from a British Columbia secondary school or transfer students from a British Columbia college were used in the analysis of data. Fifty-three percent of the eligible 3,468 students were graduates who had entered a university directly from secondary school, while 47 percent had transferred into a university from a college. The study consisted of a comprehensive telephone survey with questions focused primarily on overall academic experience, further education beyond the bachelors degree, funding and debt load, graduate's labor market experience, and their social engagement. The most important finding from this study is that on important outcomes (such as satisfaction with the university experience, continuation of studies, low employment rates, salaries, and social engagement), there were no major differences between direct entrants and college transfers. This shows evidence for the success of the college transfer system as a viable route toward baccalaureate degree completion. Recommends further analyses for possible differences in outcomes between direct entrants and college transfer students. (Contains 39 tables, 2 figures, and 3 references.) (JS)