Claims of an insufficient supply of superintendents and conclusions about the underlying causes of this condition have been widely accepted by policymakers, professors, and practitioners. As a result, professional preparation and licensure have already been altered in some states. Economist perspectives of occupational shortages, the causes of dwindling applicant pools, and job turnover and exits are used to demonstrate that this problem has been framed incorrectly—an error spawning questionable policy decisions. The argument is made that the long-standing practice of overproducing administrators and then allowing employers to determine competence is not indicative of a true profession. Recommendations are made to strengthen preparation and licensing requirements and to improve working conditions and salaries.