Effects on Students: All men would enter training at 18 or when they complete high school. They would join a Training Corps, partly under civilian control, going into the regular army after they have completed basic schooling.

Effect on Colleges: Would advance the median age of the nation's colleges by two years. Lack of students during first years of program--before men return in large numbers--might work a hardship on many institutions.

Chances of Passage: Now very small. The Administration Bill is in the Senate Military Affairs Committee at present. But many sources say now that the measure will be replaced with a long-range program, either a deferments plan, or U.M.S.

Proponents: Originally the Administration itself put up the bill.