A comparative study of the alumni of 12 cooperative and 12 noncooperative education programs examined the following facets of career development: Views toward undergraduate career preparation, characteristics of first full-time job, and characteristics of current employment situation. In addition, the mail questionnaire measured differences in views and experiences according to sex, race, year of graduation, and major of the alumni. The study also explored alumni attitude toward the alma mater and avocational activities of the alumni. The questionnaire was first field tested and revised. A random sample of 4,387 alumni was chosen, with a response rate of 33.6%. The "Statistical Package for the Social Sciences" was used to analyze the data. Findings indicated that student participation in an undergraduate program of cooperative education had an impact on their after-graduation career goals, expectations, and actual experiences; that there were differential effects of cooperative work experience for students in different curricula, for men and women students, and for minority students; and that aside from greater career choice stability, the impact of cooperative work experience appeared to diminish over time. Alumni of cooperative and noncooperative programs did not differ greatly in their attitudes toward their alma mater or in their avocational activities. (Tables of data appear throughout the report and the alumni questionnaire is appended.) (LMS)