This collection of papers records the current state of higher education and outlines the challenges higher education will face in the new millennium. The nine chapters are as follows: (1) "The American College Student: Three Decades of Change" (Alexander W. Astin); (2) "The Changing Role of Faculty" (Gary Rhoades); (3) "Higher Education Spending: Assessing Policy Priorities" (Joseph Losco and Brian L. Fife); (4) "The Higher Education Policy Arena: The Rise and Fall of a Community" (Michael D. Parsons); (5) "Past and Future Pressures and Issues of Higher Education: State Perspectives" (Cheryl D. Lovell); (6) "The Professionalization of College Sports" (Richard G. Sheehan); (7) "Administering the Modern University" (Richard L. Pattenaude); (8) "Desegregation and Diversity in Higher Education" (Reginald Wilson); and (9) "Technology in Higher Education: Issues for the New Millennium" (Karen Hardy Cardenas). (All chapters contain references.) (SM)