Performance indicators periodically emerge as a topic of discussion in Ontario. This is no surprise, as since the 1980s, the use of performance indicators in post-secondary education has multiplied across OECD nations. The United Kingdom, France, the Netherlands, Scandinavia, Australia, and New Zealand have been using performance indicators to monitor higher education targets for years. Countries in the Mediterranean as well as Central and Eastern Europe are beginning to establish performance indicators. Many American states are well into performance monitoring, though some are ratcheting down efforts after hitting glitches in the process. This paper investigates and considers the merits of various systems and measures related to performance indicators.