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.

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.

Lets take flight simulation as an example. If youre trying to train a pilot, you can simulate almost the whole course. You dont have to get in an airplane until late in the process.

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

Enrollment in Colorado is expected to expand about 25 percent in seven years. It's very difficult to find those additional funds. Therefore, I think you're probably going to have increased pressure on tuition.

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.

I think the big force is going to be consumer buying power.