This document discusses important issues in collection development for academic libraries in the 21st century. It outlines the needs of traditional and non-traditional students, challenges related to budget cuts and increasing costs, and the importance of having an updated collection development plan, assessing the existing collection, selecting new materials, weeding outdated items, and cooperating with other libraries and departments. The goal is to develop and maintain a collection that best serves students and meets the library's mission by balancing print and electronic resources and anticipating user needs.