Student withdrawal from the University of Iowa was studied using an exit survey. Students' reasons for leaving the university, their future plans, and possible interventions that would have assisted the student to remain in school were assessed, along with the validity of the survey. Although there was only 62 percent agreement between the exit survey and the followup interview, it is suggested that a large majority of the withdrawing students plan to continue their education somewhere. In one section of the exit survey, students were instructed to mark any and all reasons for withdrawing. The most popular reasons for withdrawing were career plans, money, and academic reasons. However, when students were asked to state their primary reasons for withdrawing, the personal events reason was chosen by approximately one-third of the respondents, while the next most popular reason, money, was endorsed by only about one-sixth of the respondents. Some students indicated that their decision to withdraw was made from a personal perspective with regard to events occurring in their lives. It is suggested that the lack of correspondence between the two survey sections indicates a need for rewording of the exit survey. Of the total sample of 338 respondents should be allowed to mark more than one primary reasons, and to rank the importance of the reasons. It is concluded that the exit survey is a means to draw broad conclusions about the withdrawing student; however, this general information can be viewed as an initial step in institutional research. A sample questionnaire is appended. (SW)