The institution of tenure—once a cornerstone of American colleges and universities—is rapidly eroding. Envisioning the Faculty for the Twenty-First Century weighs the concerns of university administrators, professors, adjuncts, and students in order to investigate whether there are ways to modify the existing system or promote new faculty models without shortchanging students or cheapening the mission of academia. It also examines the opportunities these systemic changes might create, offering universities a guide for responding to the rapidly evolving needs of an increasingly global society.