Timothy Knowles, president of the Carnegie Foundation for the Advancement of Teaching, and Ted Mitchell, president of the American Council on Education, participated in a dynamic fireside chat at the 2025 ASU+GSV Summit, where they discussed a new, sector-wide approach to measuring postsecondary impact. For more than 50 years, the Carnegie Classifications of Higher Education had served as the industry standard for U.S. colleges and universities. The two organizations had joined forces to capture, publish, and leverage new measures of institutional impact at broad scale.