Presented in this paper is an outline of remarks concerning the trends in the U.S. economy to 1990, trends in higher education to 1990, and critical problems to be anticipated in higher education. The major thrust of the document can be summarized in four main points. For the next ten to fifteen years, (1) higher education enrollments are bound to increase; (2) higher education costs are bound to increase and faster than income from non-governmental sources; (3) no one has figured out what to do about this imbalance, except increase the amount of government money; and (4) better management would help reduce the imbalance, for although it won't solve the financing problem, it may establish greater confidence in the higher education enterprise. (HS)