Higher education today is confronted with increasing marketization and aggressive regulation of the public sector. In an attempt to address these challenging issues, public universities are undergoing unprecedented change, particularly Colleges of Education. Redesigning educational leadership preparation programs, working in partnership with local school districts, and embedding field work are just some of the strategies that Colleges of Education have implemented to address these challenges. Now some states are requiring their public institutions to justify their educational leadership preparation programs' existence by showing the difference their program makes to their graduates and to the field. This article first discusses the reasons why educational leadership preparation programs need to show performance, value, and impact with a specific focus on Florida. Second, the article questions whether program faculty currently has the capacity to gather program impact data. Finally, the article describes strategies that program faculty can implement in order to develop robust impact statements.