A study of the impact of independent colleges and universities on Connecticut's economy, workforce, quality of life, and future found a state economy in the 1990s very different from that of the past, one requiring increased educational attainment among the citizenry. Both higher high school graduation rates and increased college attendance and completion are seen as crucial. Better strategies for using the resources and strengths of the higher education system are needed, and the role of independent institutions is seen as significant. Collectively, independent institutions are the largest sector in the state's higher education system, enrolling 38 percent of all students attending college or university (national average 19 percent), and they award 48 percent of all degrees (41 percent of undergraduate, 64 percent of graduate) conferred in-state. These institutions also enroll 35 percent of all minority students and award 49 percent of all minority group degrees in-state. Cost to the state is low. Independent colleges' direct spending on operations and capital renewal, and direct spending of students and visitors, totaled $1.5 billion in fiscal year 1996. The colleges generate 51,000 jobs in the state, and 150,000 alumni live in Connecticut. Impact on labor force quality and quality of life are also significant. Recommendations for further planning are outlined. (MSE)