Chabot College began in 1961 on the semester system and converted to the quarter system in 1966. This study was conducted in order to determine whether or not Chabot should return to the semester system. Questionnaires distributed to students and faculty revealed that whereas 88 percent of the responding students favored the quarter system, 52 percent of the responding faculty members preferred the semester system. The students indicated that the quarter system is better because courses are more straightforward, Christmas recess is improved since courses have ended, there is opportunity to have a greater variety of courses and faculty exposure over a given period of time, greater chance to start over again if you must withdraw, more opportunity to change majors without great loss of time, and a greater likelihood of finishing a course since the work does not stretch out so long. Faculty members looked on the quarter system with disfavor because it is too demanding on both faculty and students, and students need more time to learn. Following a brief review of selected research on the advantages and disadvantages of the quarter system, the author recommends that no action be taken to change the academic calendar at Chabot at this time. A short annotated bibliography of research studies is appended. (DC)