The strategic indicators defined in this book, which builds on two earlier studies published by the Association of Governing Boards of Universities and Colleges, are intended to enable institutions to compare their position in key strategic areas with their peer institutions. Data for more than 100 key indicators was collected from nearly 1,000 institutions and is arranged in six peer groupings: public two-year colleges, regional colleges and universities, and research universities, and private colleges with tuition and fees of less than $9,000, from $9,000 to $12,000, and more than $12,000. The indicators are grouped in four broad categories: (1) financial capital, which includes revenues, expenditures, assets, liabilities, and fund balances, and fund raising; (2) physical capital, which includes plant operation and maintenance and new investment; (3) information capital, which includes library and other information resources and technology access; and (4) human capital, which encompasses student enrollment, admissions, tuition, fees and financial aid, and faculty. A narrative, accompanied by tables and visuals, discusses each indicator, details its significance, explains how to interpret it, and sets out related policy questions. Appended are notes on the survey and a copy of the survey instrument, a glossary, and indicator calculations. (CH)