New federal and state policies require that teacher preparation programs (TPP) be held accountable for the effectiveness of their graduates as measured by test score gains of the students they teach. In this article, the authors review the approaches taken in several states that have already estimated TPP effects and analyze the proposals for incorporating students' test score gains into the evaluations of TPP by states that have received federal Race to the Top funds. The authors organize their review to focus on three types of decisions that are required to implement these new accountability requirements: (a) selection of teachers, students, subjects, and years of data; (b) methods for estimating teachers' effects on student test score gains; and (c) reporting and interpretation of effects. The purpose of the review is to inform the teacher preparation community on the state of current and near term practice for adding measures of teacher effectiveness to TPP accountability practices. (Contains 3 tables and 7 notes.)