In this speech, Representative Albert H. Quie (R-Minn.) asserts that 1973 will be one of the most exciting and promising years in higher education. He gives three reasons: a) the repeal of the draft; b) the stabilization of the fiscal crisis of 1970 and '71; and c) the enacting of the Basic Educational Opportunity Grant Program, which guarantees every low-and middle-class student a specific level of federal aid. He notes further that the federal government is beginning to put student aid directly in the hands of students, which will have the indirect effect of encouraging colleges to develop programs which meet the needs of these low-and middle-class students. With regard to the budget, he states that the trend is to lessen funding for graduate education in order to equalize the population's access to post secondary education. Representative Quie endorses the Newman Task Force recommendations that mission-oriented teacher training institutions be established and that all credentialling of school personnel be competency based. The speech ends with a note regarding the need to strengthen occupational education and an invitation to teachers and teacher educators to participate more fully in the decision-making process. (HMD)