Well-designed experiential education programs have much to contribute to higher education and the benefits to student, faculty, institution, and participating comunity organization outweigh the costs. However, the program must be an integral part of the institution's overall instructional-curricular development to be effective. (MSE)

Retirement options available to institutions are outlined, including early retirement incentives, phased retirement, facilitating consulting opportunities, travel and outplacement services, maintaining community involvement, annuities, and pensions. Suggestions are made for increasing cost-effectiveness and fitting the options to local…