Advice is given to the individual college about three main kinds of variables to take into account in analyzing all the economic effects of programs for awarding credit to students in recognition of prior learning: process variables, student variables, and institutional variables. (Author/MSE)

The composite-portfolio approach, combining all major systems of assessing prior learning of adults for degree credits, is described as exemplified by methods of Empire State College of the State University of New York. Illustrations include evaluation statements, outline of an actual degree program, and an evaluation policy statement. (MSC)

The issue of the costs and financial aspects of the assessment of prior learning is discussed from the point of view of program managers and others responsible for ensuring high quality, cost-efficient academic programs. Rationales and models currently in use are examined. (MLW)

As personal portfolio assessment matures, practitioners continue to look for techniques that enhance both personal development and the process of seeking academic credit through assessment. Kolb's experiential learning theory and learning style inventory may have applications in this search. (Author)

Five contributors identify essential means for the college to assure high standards, quality control, and consistency in assessing the prior learning of adults. Types of learning include work or military experience and life experience; assessment methods include examination, portfolio examination, and competence-based programs. (Author/MSE)