In order to ensure the continued quality of education in the University of Wisconsin System (UWS), a study of its future was undertaken. A crucial priority for the future of this system is to maintain the high quality for which it has gained national reputation. Following a fiscal review, the five sections of the report focus on: (1) educational effectiveness (freshmen admission policy, mission, program array, program review, undergraduate credit transfer, VTAE transfer, UWS/VTAE task force, assessment of quality and educational outcomes, and UW centers mission and status); (2) fiscal effectiveness (quality improvement--enrollment management and tuition policy--and physical plant maintenance); (3) equity in education (status of minorities as students, status of minorities as faculty and staff, status of women, and the education of students with disabilities); (4) extending university resources (UWS contributions to Wisconsin's economic development, UWS extension function, and child care services); and (5) leadership, governance, and administration (internal management, management flexibility and efficiency, and management information systems). The appendix provides 30 pages of related resolutions. (SM)