A survey of recent developments in faculty collective bargaining and its impact on American postsecondary education is presented. Faculty collective bargaining exists mainly in higher education institutions, with 85 percent of those participating coming from public sector campuses, in which 60 percent are community or junior colleges. The growth of faculty collective bargaining to date has closely paralleled state collective bargaining laws. About 34 percent of all public college and university campuses are unionized, and the figure is expected to reach between 40 and 50 percent by 1980. It is observed that generally state laws do not recognize college and university faculty as special categories of public employees, that there is considerable variability among the states with regard to the formal structural relationship between the institution and the state under collective bargaining, that there is considerable interstate variability as to what may be included or excluded from the scope of bargaining, and that collective bargaining provides a framework for a redistribution of authority and responsibility. The impact of bargaining on faculty governance is explored and the role of faculty participation in governance is considered. Questions assessing the potential impact of bargaining on campus governance structures are presented. The financial impacts of bargaining are examined and a summary of student involvement in the bargaining process is provided. (Author/PHR)