This document reports the findings and recommendations of a study of a number of high level policy issues in Massachusetts higher education. Findings indicate: (1) Massachusetts is not doing all it could to provide equal access and opportunity to its citizens. (2) The present physical plant of public higher education is probably adequate to meet the needs of Massachusetts citizens for a number of years to come. Emphasis should be placed on the improvement of the quality and relevance of the programs. (3) The private colleges and universities in Massachusetts are faced by a future financial crisis brought about by increasing costs, expansion of public education, and a relative reduction in the pool of persons able to pay for private education. (4) The Commonwealth has made inadequate provisions for data collection and analysis, planning, and budgeting. (5) Many institutions have taken the steps toward interinstitutional cooperation and innovation. (6) In order to meet the needs of higher education, Massachusetts will have to spend more money in the future for higher education. Recommendations are indicated. Related document is HE 004 770. (Author/MJM)