The evaluation summary covers the first year's operation of the Appalachia Educational Laboratory's Employer-Based Career Education (AEL/EBCE) program. The report's first section describes the student, employer-related, and parent-related goals of the program; program operation and costs; and replication concerns (transportation, costs per student, site coordination, and translation of student work into academic credit). Another section on methodology describes the students and employers who participated in the program, the program's treatment of the students and employers, and the design and use of the various instruments used in the program evaluation. A third section on results considers students' academic achievements, career maturity, attitudes toward EBCE and miscellaneous student indicators, and parents' and employers' reactions to the program. Two final sections present a summary and conclusion and a discussion of the evaluation. Eight appendixes which collectively comprise 25 pages include: number, title, and authors of FY 1973 EBCE Evaluation Reports; numbers of students placed at employer sites 1972-73; employer site/cluster distribution; semantic differential; activity sheet; student interview form; parent interview schedule; and parent questionnaire. (JR)