The study analyzed responses received from Bachelor's Degree recipients to the 1987 Recent College Graduates Survey administered in June, 1987. Among many findings are the following: One year after graduation, approximately 86% of degree recipients were employed--75% full time (who earned $20,300 annually on average) and 11% part time. Of the 14% not working 57% were attending school. About 78% of employed respondents reported that their jobs were related to their major field of study in college. Business/management graduates had a higher rate of employment than other graduates. Graduates in biological sciences were employed at a lower rate (59%) than all other graduates but had the highest enrollment rate (61%) for additional schooling. Over 30% of all employed respondents felt that a degree was not necessary to obtain the jobs they held. Findings are presented in both narrative and tabular form for individual fields of study (business/management; education; engineering; health professions; public affairs/social services; biological sciences; mathematics, computer science, physical sciences; social sciences, humanities, and psychology). Appendixes provide further technical notes and definitions of terms. (DB)