Adult degree programs have been seen as a win-win solution for private colleges and adult learners, but their innovative and often-entrepreneurial postures are not a natural fit with governance structures in more traditional institutions. Through narrative and illustrative vignettes, this chapter presents an overview of efforts employed by some institutions to strike a balance between their historic missions and these nontraditional programs. In this article, the author stresses that whatever approaches a college or university takes to structuring adult studies programs, the successful institution will acknowledge the specific needs of adult learners and will design processes that are able to serve this growing segment of higher education. The result can be a win-win that provides needed educational services to adults and an expanded mission for the institution.