You can take a school like the University of Colorado, with a selective admission standard. It has a better caliber student going in, so you ought to have a better caliber coming out.

We can do better in higher education. And it is more than just technology. It's also an attitude on the part of faculty. We need to think through how we can produce a better quality product at less cost.

The need for a college education is even more important now than it was before, but I think that the increased costs are a very severe obstacle to access. It is an American dream, and I think that one of our challenges is to find a way to make that available.

But you take a four-year state college, with a broader range of admission, and what happens during those four years may be an even greater value-added educational experience. I don't know.

Interactive computers and software will, I think, provide a less costly method of doing some kinds of inquiry, in knowledge acquisition and even reasoning and interaction.

You know, IBM was almost knocked out of the box by other types of computer software and manufacturing.

Productivity is going to be a critical issue. And it's not just about getting more time for professors in the classroom. It involves reexamining the learning experience and restructuring faculty and the use of faculty time.