The state of bachelor's level study and recommendations for improvement are addressed, along with policy issues concerning college missions, based on the work of the Project on Redefining the Meaning and Purpose of Baccalaureate Degrees. Attention is directed to: the decline and devaluation of the undergraduate degree, faculty responsibility, minimum curriculum requirements, in-depth study, the problem of accountability, and the profession of college teaching. It is suggested that the following nine experiences are essential to undergraduate education: (1) inquiry, abstract logical thinking, and critical analysis; (2) literacy in writing, reading, speaking, and listening; (3) understanding numerical data; (4) historical consciousness; (5) science; (6) values; (7) art; (8) international and multicultural experiences; and (9) study in depth. It is recommended that the Ph.D. candidate should be introduced in a systematic way to the profession of teaching and should demonstrate competence in designing a syllabus and examinations, and selecting reading and laboratory materials. Approaches to encourage college professors to reinvigorate the curriculum are also suggested. The benefits of specialization in a field, as well as interdisciplinary and professional studies, are also discussed. An annotated bibliography is included. (SW)