Ford Policy Forum 2004 contains the papers presented and discussed at the Ford Policy Forum, held during the Forum's 2003 Aspen Symposium. The Ford Policy Forum studies key economic issues affecting higher education and is designed to develop policy recommendations and initiatives. The 2003 Ford Policy Forum focused on the promise and perils of universal higher education. Scholars include Sandy Baum, James Rosenbaum, Thomas Kane, and Peter Orszag. The monograph opens with an introduction by the Ford Policy Forum's co-chairs, Michael McPherson of the Spencer Foundation and Morton Owen Schapiro of Williams College.