Michael McPherson is president of The Spencer Foundation. Prior to that, he served as president of Macalester College from 1996 to 2003. Before joining Macalester, Mike taught economics for 22 years at Williams College and served as dean of faculty there. He recently co-chaired, with Sandy Baum, the Rethinking Student Aid study group, a foundation-funded effort under the auspices of the College Board that in 2008 released proposals for reforming the federal student aid system. Mike is co-author or editor of several books, including most recently College Success: What it Means and How to Make it Happen (2008) and College Access: Opportunity or Privilege? (2006), both with Morty Schapiro. Other books, also written with Morty Schapiro, include The Student Aid Game:Meeting Need and Rewarding Talent in American Higher Education (1998) and Keeping College Affordable (1991). Mike has presented papers at several Forum symposia including, with Morty Schapiro, “Are We Keeping College Affordable” and “Tenure Issues in Higher Education,” in 1996 and 1998, respectively. Mike has co-chaired the Ford Policy Forum with Morty Schapiro since its inception in 2000. He earned his Ph.D. in economics at the University of Chicago.