A study of campus characteristics and crime rates used an economic theory of criminal choice to develop an explanatory model of campus crime. The model considered combinations of opportunities, incentives, and costs found on college campuses that may affect criminal choice. The components included location, accessibility, deterrents and wealth of the higher education campuses. National data on campus crimes and questionnaires sent to institutional research offices and campus police departments provided the data necessary to define the components of the model. The model and the components were analyzed using multiple regression analysis. The full model was found to define a significant, positive relation and to explain approximately 29 percent of the variance in campus crime rates. In particular significant positive relationships were found between the level of deterrents and campus crime rates, and the level of public transportation and campus crime rates. However, there was no significant relation between location and campus crime rates which suggests that no higher education institution can consider itself immune to crime. After analysis of the individual components, a revised model was developed that explained 31 percent of the variance in campus crime rates. (Contains 17 references.) (Author/JB)