A deeper understanding of how slavery and colonialism fundamentally shaped the system of higher education in the United States has led colleges and universities to reexamine their histories and acknowledge harms committed and the need for repair. Campuses are experimenting with how to address racial justice and healing for faculty, staff, and students as well as in local communities harmed by campus practices. Institutions of higher education can better advance their commitments to racial justice and equity through leadership at all levels by applying a reparations lens to address historical injustice. The collective work of reparations suggests that campuses can share their practices and learn from each other in the process of race conscious institutional transformation across higher education.