There is a clear – and urgent – need to both reflect upon and analyze the future perspective of university modernization and vivify a debate on certain goals that may be less tangible, less easily benchmarked, and more challenging in the years up to 2010 and beyond. This project, as an accompanying measure to promote the Erasmus projects and their inherent link to the overall lifelong learning programme priorities, will address these far-looking questions with the aim of bringing attention to and analysing goals that are more difficult to quantify and implement. The project team will ultimately formulate clear recommendations on policy priorities on these issues for the next decade.