From the institution's perspective, mostly they want bigger numbers: more students, higher post-graduate grades, higher US News rankings, more prestige, bigger

From the institution's perspective, mostly they want bigger numbers: more students, higher post-graduate grades, higher US News rankings, more prestige, bigger endowment, etc. etc. It seems to me that making productive members of society is hard to do let alone measure or define. It's also not something institutions seem to factor into their decisions much.