This collection of papers was compiled as background information for participants in the 1968 Annual Meeting of the American Council on Education. The 10 papers focus on the academic community of the future, and ways of being responsive to change while preserving valuable continuities. John Caffrey relates the present community to the future through questions of policy, whose answers will shape the future community. Louis T. Benezet discusses the need for both continuity and change; C. Peter Magrath evaluates student participation and outcomes; and Allan P. Sindler presents a case study in student-university relations. Howard R. Bowen considers issues and prospects in the financing of higher education. Lloyd H. Elliot discusses the relevance of democracy to changing internal structures. Edward Schwartz discusses student power, and Alvin C. Eurich presents suggestions for managing the academic future. Caffrey makes some predictions for higher education in the 1970s, and Bertrand de Jouvenel discusses academic youth and social revolution. (BP)