The purposes of the Colloquium were to identify the pertinent questions relative to the growing influx of foreign graduate students to the United States and to reach consensus on priorities for research and action. This document presents: (1) the highlights of the Colloquium on (a) the situation in the United States, (b) the situation abroad, (c) the implications for research and action, and (d) the resources for action and research; (2) summaries of presentations of research to date relating to foreign graduate students and of the discussion of these presentations; (3) summaries of the presentations and comments on the major issues and problems in foreign graduate student exchanges warranting research and action; and (4) a discussion on priorities for action and recommendations. The appendices contain a paper by George H. Huganir Jr. entitled "The Foreign Graduate Student: An Opportunity for Higher Education in America?" and a review of the research on foreign graduate students by Barbara J. Walton. A list of the Colloquium participants is also included. (AF)