The end of a decade and the start of a new century provide an opportunity to review how higher education has changed and to assess the implications of these developments for the future. This report focuses on six higher education developments from the recent past: (1) the link between postsecondary education and individual well-being grows stronger; (2) new providers and new approaches challenge traditional models; (3) the price of college has grown, as have the ways to pay for it; (4) options to pay for college have expanded, but the system remains incomprehensible; (5) regulatory and legal challenges have increased; and (6) increasing access to higher education for low-income and minority students remains an elusive goal. It is difficult to know where these developments will lead, but there are some key considerations. Public support of higher education will bring greater scrutiny, and concern over access will continue to grow. It is to be expected that technology will reshape higher education and may well redefine it. Middle class concerns about paying for college will not go away. It also seems that the likelihood of increased government regulation cannot be underestimated. The central question facing higher education is whether the community will wait passively for these events or whether it will present a unified and vocal front to policymakers and the media and help shape the future. (SLD)