It is time for the universities and the National Collegiate Athletics Association to address the tension between amateurism and realism as it affects college athletes' career choices. The goal should be to encourage informed decision making and to educate students about the business of professional sports, and particularly agents. (MSE)

Regents are not provided with clear guidelines on the management of endowment funds. Trustees are advised to prepare an investment plan that includes: (1) specific long-term goals; (2) plans for performance measurement; (3) current income needs; (4) acceptable investment instruments; and (5) specific time tables for review. (MLF)

The purpose and provisions of the Uniform Management of Institutional Funds Act are analyzed, and the full text of the Act is presented. The Act was drafted in 1972 to remove uncertainties with respect to the nature of eleemosynary corporations, particularly colleges and universities and to the powers of their governing boards in the area of…

This congressional report contains testimony that examines certain financial management practices within the Equal Employment Opportunity Commission (EEOC). Among those agencies represented at the hearing were the General Accounting Office, the EEOC, the Office of Program Planning and Evaluation, the Office of Special Projects and Programs, and…

Theological school trusteeship is addressed in 12 articles and appended information. Titles and authors are as follows: "The Responsibilities of Stewardship" (Robert Wood Lynn); "Trusteeship and Administration" (Larry L. Greenfield); "Organization of the Board" (Henry W. Sherrill); "Trustee Selection,…