The report, which reflects the framework of the Leuven/Louvain-la-Neuve Communique, is the result of a joint effort by Eurostat, Eurydice as well as by Eurostudent and has been overseen by the Bologna Follow-up Group and more specifically by a working group established by the latter. In line with the specific mission and methodology of the aforementioned data collectors, the report describes the state of implementation of the Bologna Process in 2012 from various perspectives and with data ranging from 2010 to 2011 as well as with earlier trends data for some statistical figures. Thus the report provides statistical data as well as contextualized information and it compares social and economic data on student life. Statistical evidence is complemented by normative system descriptors as well as by an analysis of how the system works. The former scorecard indicators have been newly revised by the Bologna Follow-up Group and integrated into the report as Bologna indicators. Those former scorecard indicators carry value judgements expressed through the use of the dark green, light green, yellow, orange and red colour scheme. As compared with previous exercises, the colour dark green is less prevalent in some action lines than before. This is due to the fact that a more nuanced insight has been used as a yardstick in the measurement of the action lines or that the scope of the indicator has been extended. The report is divided into seven chapters: 1. Context of the European Higher Education Area, 2. Degrees and Qualifications, 3. Quality Assurance, 4. Social dimension in higher education, 5. Effective outcomes and employability, 6. Lifelong Learning, 7. Mobility. Read transversally these chapters provide answers to three sets of questions: Who gains access to higher education and how does this happen?, How is higher education provision organised and what is the progression between cycles? What is the experience of student life like while the student is in the system?, How does the student benefit from higher education? What are the results of higher education? Glossary and methodological notes are included. (Contains 102 figures and 90 footnotes.)