An alumni survey of the Department of Adult and Community College Education (ACCE) at North Carolina State University assessed the impact of graduate study on its students. The survey used a 37-item instrument designed to capture alumni experiences and impact of the academic degree in relation to past and current professional and educational work efforts. Of surveys mailed to 286 graduates from 1997-2001, 125 were properly completed and analyzed. Findings indicated the department awarded the doctoral degree more than any other; adult education was the most popular major; most students completed their coursework in three years or less and finished their final requirements in a year or less; students who worked full-time outnumbered those who did not but took longer to complete their degree than those who did not work or who worked part-time; nearly half changed where they worked since beginning their graduate work, but most did not change the type of organization; often job responsibilities and salary changed since they started their ACCE degree; alumni were well pleased with experiences in graduate school; and written comments demonstrated the greatest challenge facing ACCE students was in balancing school, work, family, and community commitments. Suggestions called for an increased support network of part-time students and those in the dissertation phase of degree requirements, more distance education, and weekend courses. (Appendixes include the instrument and written comments.) (YLB)