National statistics show that the professoriate is becoming more and more diverse. Yet the increase in the proportion of minority scholars in the United States over the last decade has continued to lag behind because the number of white and foreign professors has also risen. With the baby-boom generation of professors beginning to retire, colleges will have enormous opportunities to diversify their faculty ranks. But what's the best way to achieve that goal? Should institutions have more programs to encourage their minority graduate students to stay on and teach, or should they focus on recruiting from other institutions and graduate schools?