HIGHER ED DIVE –The Carnegie Foundation for the Advancement of Teaching and the American Council on Education recently announced that they will reexamine the Carnegie Classifications to better reflect the public purpose of higher education by creating a classification that ranks institutions based on economic and social mobility and emphasizing the diversity of higher education institutions. This is a step forward, particularly for institutions like historically Black colleges and universities, Hispanic-serving institutions and tribal colleges that have been prioritizing the economic and social mobility of their students for generations. These institutions have been offering up a model for college and university leaders who are encouraged to elevate mobility as a strategic goal. The new classification and renewed focus on diversity is a crucial course correction. Carnegie Classifications have long served as measures of institutional prestige.