The 68th annual conference of the Association of American Colleges focused on literacy in foreign languages, international studies, values, and science and technology. The conference proceedings are summarized and two speeches are reproduced, the report of the chairman of the board of directors (Samuel R. Spencer, Jr.) and the address of the association president (Mark H. Curtis). In the opening panel of the conference, what it means today to be literate, or liberally educated, was discussed. Speakers in sessions on foreign languages and international studies stressed the importance of these studies and the need for an intercultural approach to postsecondary education. Support structures and continuity are viewed as essential to the success of these efforts. Discussion of values literacy centered on the general concern for how values are taught and when they should enter the curriculum. Concurrent sessions and task force groups considered values through teaching, curricula for values education, and values education outside the classroom. Discussion of scientific and technological literacy addressed concerns and issues in preparation of students for an increasingly technologically complex world. The state of science and technology education at the postsecondary level and curricular approaches to problems were discussed. Lists of members of the annual meeting subcommittee of the board of directors and the three steering committees (foreign languages and international studies, values, and science and technology) are appended. (MSE)