I was reading some of the posts and lots of wizards are talking about level 78 spells. Well if you're thinking level 78 already there's two things you should do: 1) SLOW DOWN. Zafaria just came out. (sheesh) 2) Level 78? There's gonna be level 80 then too.
I think the title for level 80 or whatever the new level cap would be should be Alumni. I know it may not have just a majestic definition as Transcended but still. Plus it sounds cool.
(My only spell ideas was that each school could summon their school tree. I think the Fire, Death, and Balance trees wouldn't attack all enemies though. But that's not what I'm talking about. I'm only a level 53 so what do I know about the level 68 spells let alone the level 58 ones!?)