LINCOLN, Neb. (AP) — The University of Nebraska-Lincoln has formed a 150-member commission to craft a report recommending what the school should look like 25 years from now.

The commission of faculty members, students, staff, and businesspeople will consider changes such as technological improvements, growing diversity and declining state money, the Omaha World-Herald reported.

Lisa Smith, senior vice president for the D.A. Davidson investment firm in Lincoln, said the commission’s leaders told members early on to “think big.”

The commission aims to produce work that is “bold, distinctive, inspirational, universally understood,” Smith said.

The project started in March. The commission hopes to have a draft in September and to share the report in November.

The school hired a consulting firm for $190,000 to assist in the process and lead sessions seeking additional input.

Executive Vice Chancellor Donde Plowman said she could envision the commission looking at whether a degree must average 15 hours over eight semesters or if students should blend a variety of subjects for a major. The commission might also consider finding more opportunities for students to learn through experience and increasing partnerships between the university and community.

The discussion comes as the university plans to celebrate its 150th anniversary next year.

“Not many institutions have been around for 150 years,” said history professor Will Thomas, who co-leads the commission. “That begs the question, how will we carry that legacy forward for another 150 years?”