Paper Abstract: The educational reform of 1999 (the implementation of university autonomy) caused by the development of democracy in the country has produced a new landscape in higher education in Indonesia. The educational reform in Indonesia is similar to changes introduced in several Latin-American countries in the issue of autonomy, quality, social responsibility, co-financing, transparency, accountability and commercialization of goods and services of university. In several aspects, the changes in Indonesia are similar to the changes introduced in Mexico, which were broad and significant, since serious adjustments were registered in regulatory aspects, organizational structures, academic-administrative processes, and in mechanisms such as strategic planning and evaluation, which allowed the university to reorganize and conduct all aspects inherent to university functions. A notable change in higher education in Indonesia is the contribution of society, particularly from the industrial and social sector, that caused a big change: Indonesia has left the old HEI-Government model and has adopted a new HEI-Government-Society model. Compare to the era before 2000, now higher education in Indonesia has a new landscape. In this panel I will present some findings of my research about changes in higher education in Indonesia and the development of higher education in Southeast Asia in general since 2000. The main objective of my research is to identify the impacts of changes related to issue of educational quality and equity. I will also discuss new themes such as the implementation of microcredentials program, which the intends is to improve the quality of university graduates in labor market.