In a recent report, the Carnegie Commission found that in the process of expanding educational opportunity, there was great merit in forming consortia or cooperative arrangements among and between colleges and universities in the same geographical location. It is the purpose of this report to examine the potential benefits of interinstitutional cooperation in California, the extent to which such cooperation is now pursued, obstacles to further cooperation, and the steps that the California legislature might reasonably take to substantially expand such cooperation. (Author/HS)