The results of a comprehensive investigation of all aspects of the U.S. Military Academy are presented in this report. Specific problems that were noted by the Study Group are: (1) a slackening of the pursuit of excellence; (2) a concomitant decline in the standards demanded of cadets at the academy; (3) an apparent lack of accepted common objectives for the whole institution; (4) the Academy is not institutionally sensitive to evidence of the need for change nor is it organized to be decisive in making changes. Specific recommendations judged by the Study Group to solve the current problems at the academy are presented. The findings of the Study Group's investigations along with detailed explanations of resulting recommendations are provided in the areas of : (1) the environment; (2) governance; (3) academic program; (4) military professional development program; (5) intercollegiate athletics; (6) extracurricular activities; and (7) the honor code and system. (SPG)