CHARLES E. GLASSICK is a senior associate of The Carnegie Foundation for the Advancement of Teaching, and he has served as president of Gettysburg College. MARY TAYLOR HUBER is a senior scholar at The Carnegie Foundation, and she has taught public policy and anthropology at Princeton University. She is the author and coauthor of several books including The Knowledge Industry in the United States (1986). GENE I. MAEROFF a former senior fellow at The Carnegie Foundation, is the director of the Hechinger Institute on Education and the Media at Teachers College, Columbia University.