In this article, Philip DiSalvio, dean of the College of Advancing and Professional Studies at the University of Massachusetts Boston, interviews Stephen Trachtenberg, president emeritus and University Professor of Public Service at George Washington University. Trachtenberg shares his views on the traditional four-year undergraduate degree, the opportunities and challenges afforded by the three-year undergraduate model, and key issues that policymakers and higher education leaders should consider as the three-year undergraduate degree becomes a reform option for American college campuses. [This article was prepared with the assistance of "NEJHE" staff.]