This advisory report presents 18 recommendations for cost sharing, cooperation among institutions, and meeting future demands for higher education in Ontario. A framework for public policy is offered which stresses the themes of excellence, accessibility, and responsibility and urges differentiation in strengths among colleges and universities, a less regulated environment, accountability, performance assessment, and adequate resources. The recommendations address the following areas: adequacy of total financial support; level of government support; distribution of government funding; research funding and policy; tuition fees and student assistance; private sector support; roles and linkages among colleges and universities; an advisory board on postsecondary issues; future needs; faculty appointment and retention; and the role of private universities. After an introductory chapter, chapter 2 discusses issues related to funding of postsecondary education; chapter 3 explores the roles of various postsecondary institutions and the linkages among them; and chapter 4 analyzes issues related to future demand for postsecondary education. Two appendices include: (1) a list of groups, organizations and individuals who contributed to the report; and (2) a background paper, "Prologue to Change: An Abbreviated History of Public Policy and Postsecondary Education in Ontario" by David M. Cameron and Diana M. Royce. (LEE)