As the academic library plays the roles of intermediary and adjudicator of collection purchases and cancellations, faculty involvement in library resource decisions is not only commonplace, but essential to making such decisions. Faculty involvement in cancellation projects is often enhanced by a thorough explanation of the depth of financial problems facing libraries. This study used both faculty and librarian lenses to examine how members of higher education tend to view journal cancellation factors, both from the vantage point of library users (faculty) and collectors of information (librarians). Responses to questionnaires were received from 18 faculty members (13%) and 20 librarians (87%). The study finds that faculty and librarians indicate highly similar preferences for factors to use when canceling journals. Two of 10 suggested factors, in-library usage and authority, were named important considerations by both groups. The study highlights the perceived constraints preventing faculty participation in journal cancellation decisions. Librarians named time (42%) and information (36%) at the two main reasons that faculty would have nonparticipation or low participation with librarians on journal cancellation decisions. Five appendixes contain the cover letters and surveys used in the study. (Contains 22 tables and 137 references.) (SLD)