"Making the Grade: How Boards Can Ensure Academic Quality"--popularly referred to as "The Little Yellow Book" by boards, faculty, provosts, and assessment specialists--provides clear guidance for the board's role in the most important "business" of academe: educating students. As public calls for greater accountability skyrocket, this new edition sharpens the focus on student learning and effective quality assessment. Peter Ewell helps higher education boards strike a delicate balance by showing them how to uphold their fiduciary oversight responsibilities without micromanaging institutions. New to the second edition: (1) All new key statistics and trends; (2) Tips for ensuring quality while containing costs; (3) Advice on how to get the most from the assessment process; (4) Practical "Questions for Boards to Consider" after each section; and (5) Expanded appendix, including AGB's recent "Statement on Board Responsibility for the Oversight of Educational Quality." AGB statement on Board Responsibility for the Oversight of Educational Quality is appended. A list of references and resources is included. (Contains 17 footnotes.)