This two-part article traces the history of "Change" magazine from 1969 to present in four phases. Phase One: 1969-1980, describes how "Change" first began with the American Council on Education and the Ford Foundation convening 60 higher education leaders and journalists in rural Virginia in April 1965. Eighteen months later, with grants from Ford and Carnegie, the "Chronicle of Higher Education" began publication as eight pages of in-depth reporting thanks to an outstanding staff of journalists assembled by its founder, Corbin Gwaltney. In 1969, buttressed by a series of foundation grants, George Bonham brought forth "Change" magazine. Bonham attempted to diversify by publishing books (five titles were eventually issued), but at one point he came close to selling the magazine to Elsevier. Heldref Publications, a small operating foundation based in Washington, D.C., came to the rescue. In Phase Two, 1980-2000, "Change" connected with the American Association for Higher Education (AAHE) for a next round of editorial leadership. Heldref continued as owner of "Change" and AAHE became responsible for the content. In Part II, Margaret Miller describes Phase Three: 2000-2016, through her personal account. In 2003, Miller, AAHE's past president, became "Change"'s sole editor. Following AAHE's closure in 2005, negotiations were made with the Carnegie Endowment for the Advancement of Teaching to find the magazine a new home at the Foundation. The Foundation eventually refocused on K-12 education and "Change" once again needed to find a new editorial home just as, coincidentally, Heldref sold the magazine to Taylor & Francis, its current owner. "Change" continued to feature the writing of some of the most respected scholars of higher education, political figures, presidents of associations and universities, academic leaders, and policymakers. Finally, "Change" has come back to one of its earliest emphases: public policies governing higher education, especially those stemming from the dramatic decrease in state support after 2000 and all the ripple effects (on tuition, affordability, access, and debt) that it has had. In Phase IV (2000-Present), the editorship passed from Margaret Miller to David Paris, and CHEA became the editorial home of the magazine in 2016.