This publication contains the proceedings of a symposium on higher education finance and management which examined the current financial and managerial direction of colleges and universities. The event brought together institutional presidents and policy makers, corporate leaders, leading financiers, top college and government administrators, politicians and researchers. Following an official opening and a symposium overview, a panel discussion examined financing higher education in the 1990s. Panelists included a Wall Street executive, a fund raiser and university leaders. Three concurrent sessions were held on the following topics: (1) tuition pricing, (2) current research on reducing institutional cost structures, and (3) financial implications of demographic trends. A luncheon session featured a speaker from the Office of Educational Research and Improvement and a talk by Senator James Jeffords of Vermont. Two talks followed by question and answer sessions treated causes and cures of cost escalation in college and university administrative and support services and state policy and productivity in higher education. A final speech emphasized that higher education finance and management are means, not ends, and that funding mechanisms are important channels of communication for funders and users. (JB)