Hearings on reauthorization of the Higher Education Act, Titles VII and IX, are presented. Title VII concerns construction, reconstruction, and renovation of academic facilities. Title IX provides grants to colleges to support graduate study. To assist in maintaining academic facilities, Title VII provides grants to undergraduate and graduate facilities as well as loans to colleges for building and renovation. It is estimated that the physical plant of higher education has a replacement value of $200 billion, and 20% of that plant needs replacement or renewal, with a total cost of $40 billion. While it is recommended that tax-exempt financing for public and private college facilities be retained, testimony suggests that a small percentage of colleges have been able to obtain private financing to replace/renew facilities. The future of the college housing program is also considered in the hearings. In the area of graduate study, a bill, H.R. 2199, has been proposed to provide funds on a competitive basis to colleges to set up graduate fellowship programs for specific disciplines of national needs. Another bill, H.R. 6379, would improve the system for providing aid to graduate students. The text of both bills is appended. (SW)