An L of an Ag said:
As reasonable as this sounds, I guarantee it's going to be used to degrade the quality of college degrees AND defraud the public at the same time.
Actually, it is the best thing that could happen. While it may not bring results overnight, the only faculty that demand protection from this system are those that want to continue to do BS research without any real teaching responsibilities. This can lead to universities setting their own minimum teaching AND research standards, and letting the student and parent make decisions based on those standards.
It is a myth that higher rankings in journals in specific departments lead to a better overall education, and even if it did, undergraduate programs get little of this exposure as it relates to faculty. For example, in Economics (the field I graduated A&M in), A&M is currently ranked 38th (tied with Rice) nationally. That's slightly higher than where they were when I was there (it was 50-ish, I think; t.u. was lower then). How did A&M get ranked there? By college Presidents and department heads answering surveys. How do they know? Reputation. How do you get a good reputation? By having faculty that go to "good schools" and publish. But what are these "good schools" in the first place? The ones US News (and others) listed last year and 30 years ago.
Its all circular "logic." There are economics journals that rank departments a little more subjectively (pages published, etc.), but they'd faint if TAMU-Commerce (or worse, Prairie View A&M) came out any higher than, say, 200 in any of those rankings. If that happened, they'd ****-can the study or revamp it to show different results. Its like having a college football ratings system and find a 10-0 Bama team ranked way behind an 11-0 Ball State team. Even if there's mathematical logic to that system, that CAN NOT happen because "we all know" Bama is always better than Ball State regardless of what the facts say.
My point is that if you want higher education to change and actually mean something, a good place to start is to eliminate tenure. Worrying about the effects of that change is sort of like wanting to lose weight, starting an exercise program, and worrying that you'll lose your taste for hot fudge sundaes.