The following is a rough transcript of Jeff Selingo’s keynote at the 20 Million Minds conference on January 7th. Any errors in transcription are mine, and sections that were garbled are marked by []. I’d like to thank Rovy Branon for his recordings of these sessions. I’ll post additional transcripts soon.

We’re gathered here today at one of the great public university institutions, and this past summer, at another great public institution, on the other side of the country a drama played out that revealed the immense pressures affecting colleges and universities as they deal with the financial and historical foundation that is swiftly shifting [under us].

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