For decades public research universities have helped lead the world in science, technology, health, and engineering. These institutions play an important role in academic and economic development by fostering innovations that lead to new technologies and a plentiful job market. These universities face many challenges. Issues such as declining numbers of Pell Grant eligible and underrepresented minorities (URM’s), and lack of universities role in expanding pathways to STEM in low-income areas, need policies developed through a collaborative partnership between industry, the federal and state government, and universities to secure the future of these universities. The presentation will show how universities, government officials, and industries should work together to develop diversity and outreach offices at every public institution, provide access to STEM by properly training teachers and revising curriculums at low-income schools in the K-12 system, and by providing support systems to URM’s enrolled in STEM undergraduate programs to increase retention.