String theory and "quantum geometry" have recently offered independent stat
istical mechanical explanations of black hole thermodynamics. But these suc
cesses raise a new problem: why should models with such different microscop
ic degrees of freedom yield identical results? I propose that the asymptoti
c behavior of the density of states at a black hole horizon may be determin
ed by an underlying symmetry inherited from classical general relativity, i
ndependent of the details of quantum gravity. I offer evidence that a two-d
imensional conformal symmetry at the horizon, with a classical central exte
nsion, may provide the needed behavior.