There are many different formats being used for distance learning and each has implications for institutional and public policies. With almost 90% of U.S. public colleges and universities offering distance learning courses, it is important for all members of the academy to be aware of these implications as they consider their own involvement in e-learning activities. The areas covered in this paper include: shifting formats for distance learning that enable new pedagogical approaches, budget changes, state policy influences, new approaches to intellectual property issues, open educational resources, and international trade in higher education services.