[Excerpt] The nature of faculty employment practices at American colleges and universities is changing rapidly. So too is the gender, racial and ethnic composition of American faculty members. These changes, along with the growing importance and costs of scientific research, the increased commercialization of faculty research, the elimination of mandatory retirement for tenured faculty members and the growing costs of retiree health insurance, the growing salary differentials across universities and academic fields within an university, and the growth of collective bargaining for tenured and tenure-track faculty and graduate assistants at public universities and now adjuncts at private universities, have put enormous stresses on our nation’s academic institutions and their leaders. The discussion that follows explains why.