Trends toward part-time enrollment in postsecondary education and implications for states in the Southern Regional Education Board are discussed. It is noted that total enrollment is slowing and may be expected to begin a decline through the mid-80s, and the decline will deepen as full-time students tend to be replaced by students who study part-time. Students older than 24 years of age and women will continue to increase as a share of enrollment, and the growth of part-time study will continue largely because older students, and especially older women students, are less likely to attend full-time. Public two-year colleges and urban universities will be the main growing institutions, due to their attraction for older part-time students. The demand for new faculty will decline sharply, as large surpluses of new doctorates continue. There will be greater emphasis on clarity of institutional missions in both the public and private sectors, and statewide agencies will have increased authority to review institutional programs and budgets, as resources have to be redistributed within systems. (SW)