New data on institutional saving illuminate U.S. higher education policy questions in a number of different ways. In the data lies a description of how various types of schools are doing financially and whether their present behavior is sustainable. The data complete the picture of the sources and uses of revenue, which helps to pin down the degree to which the charitable mission of these schools is responsible for their income. They describe a limit to aggressive price reductions. Lastly, they allow for some projections of what the economic structure of higher education will look like in the future.