In November of 2007, Alberta Advanced Education and Technology contracted Insightrix Research, Inc. to conduct a survey of individuals who graduated from post-secondary institutions in Alberta in the fall of 2005 or the spring of 2006 (excluding apprenticeship graduates, who are surveyed through a separate initiative). The purpose of the survey is to determine graduate satisfaction with their post-secondary experiences and graduate employment outcomes approximately two years after graduation. Key results are compared with two previous waves of research, the first conducted in 2004 of the 2001-02 graduating class and a second conducted in 2006 of the 2003-04 graduates. A total of 17,164 graduates responded to the survey, resulting in an overall valid response rate of 48%. In all, 17,059 are graduates of a parchment program and 105 are graduates of a non-credit program. The margin of error at 95% confidence is plus or minus 0.5 percentage points. This paper offers the key findings of the research. Survey Instrument is appended. (Contains 33 figures, 179 tables and 3 footnotes.)