Much current disaffection among university administrators comes from the preoccupation of higher education with structure and its inability to deal seriously with PROCESS. "This paper is an attempt to develop a new conception of a college in which process and individuality predominate, and structure and system are seen as means to individualistic ends." Fourteen assumptions concerning administration, faculty, students and the learning process underlie the development of Walden U. Its educational program, admissions, leaving (as opposed to graduation), finance, and mode of governance are discussed with reference to the particular assumptions relevant to their structure. The most visible person in the institution would be the Coordinator of Inquiry elected by the students and faculty for a 3-year renewable term. The Coordinator's most important appointment would be the Psycho-Social Registrar whose attitude and personal skills would be crucial to the success of the Walden program. Among many advantages, the Walden concept achieves a genuine student "mix," eliminates vertical hierarchies, and makes possible working with poor people in hard core poverty areas. "Evidence would suggest that the human creature is infinitely more capable than our social structure will allow him to be." (JS)