This speech, made on December 7, 1970 at a panel presentation held at Marymount College, concerns the survival of the independent college. It is apparent that, as costs rise, projected operating budgets of independent colleges must take account of them. One solution is to look for more income, the other is to seek ways of reducing the impact of the rising costs. The latter attack can be launched on two fronts: (1) making fuller use of capacity and (2) increasing the productivity of all staff, especially faculty. The two approaches are related and interdependent. Whatever the size of the institution, it should set for itself certain targets in terms of total enrollment, enrollment by divisions and departments, faculty teaching loads and, derivatively, student-faculty ratios, for the total institution and for the major sectors of it. The single most important source of economies in the instructional budget is the faculty teaching load and the student-faculty ratio, which finds its expression in class size. A way to increase income with little or no increase in expenditures is through the recruitment, admission, and enrollment of students who wish to pursue major fields in divisions or departments that are currently underenrolled. (Author/PG)