This document attempts to raise questions about the judicious use of information at various levels, and its impact on postsecondary educational institutions. It focuses on the major issues involved in the aggregation and comparison of information about postsecondary education, the needs and usage of such information, and prospects for increasing demand for such information. Part 1 is devoted to the progress report on the work of the National Commission on the Financing of Postsecondary Education. It also discusses the issues of tension, problems, limitations, opportunities and advantages of effective management information systems, and information aggregation addressed first from within the institutional perspective and second from state and federal perspectives. Part 2 considers management and information systems as the beneficiaries of postsecondary educational systems and systems not as ends in themselves but as a means to increase benefits to students and society. Part 3 contains issues of a less technical nature involving changing conditions in uses of management information systems, such as collective bargaining information needs, program innovation within traditional management systems, policy issues related to data base management, a humanistic management system for education, and regional data centers. Workshop sessions dealt with the National Center for Higher Education Management Systems' products, state systems, regional systems, community colleges, small colleges, and particular management and information system development. (Author/KE)