This document reports oral and written testimony given for an oversight hearing by witnesses concerning the reauthorization of the Higher Education Act of 1965 primarily as it affects Black colleges and universities. Witnesses included college presidents from historically black colleges/universities including Smith University (North Carolina), Florida Agricultural and Mechanical University, Bethune-Cookman College (Florida), Medgar Evers College (New York), Wiley College (Texas), Hampton University (Virginia), North Carolina Central University, University of Arkansas, Clark Atlanta University (Georgia), Virginia State University, Meharry Medical School (Tennessee), North Carolina Agricultural and Technical State University, and Lincoln University (Pennsylvania). Their testimonies focused on problems experienced by those institutions in their effort to matriculate and graduate black and other minority students. Witnesses spoke of such issues as: the lack of federal and state support in the development of black universities/colleges; rapid decline in college enrollments among minorities; lack of access to higher education for minorities; and need for student financial aid. Statements by an executive of the Philip Morris Companies and Congressmen William Grey and Augustus F. Hawkins are also included. (LPT)