One of a series of reports on lifelong learning in California, this report reviews the concept of educational brokering and presents the proceedings of the 1977 conference, "The Role of Nonaccredited Contracting Agencies in California Postsecondary Education." An educational broker is an organization or an individual serving, for a fee, as an agent of one or more degree-granting institutions. Services provided may include student or faculty recruitment, records processing, program development, or program and faculty review. Four basic elements are described that have contributed to the development of educational brokering: general societal factors, characteristics of the educational climate, institutional factors, and the profit motive. The status of educational brokering in California is reviewed along with its future outlook and policy issues it raises. Among the appendices are a broker questionnaire, institutional questionnaire, list of educational brokers, agent permits, and a list of out-of-state institutions operating in California. (LBH)