For the past two decades, writers have speculated about how the Millennial Generation would emerge into adulthood. In 2005, almost all University of Michigan undergraduates, and many Michigan graduate and professional students, are part of this generation, which generally includes individuals born between 1980 and 2000. What we can learn from research, theory and demographic trends may shape how we educate these undergraduate and graduate students. This generation will most certainly shape universities nationwide. This is particularly true of highly selective institutions such as the University of Michigan, since the education at these universities is driven highly by the leadership and academic qualities of our students.