Academic data is widely available, yet widely underused. Why?

Academic data is one of the most underutilized forms of data that exist today.  Outside of educational institutions, the only significant use of this data is in enrollment verification, though even that use case is not particularly widespread.  And yet, academic data holds massive potential in providing predictive behavioral signals that could directly benefit the owners of that data: students and graduates, most of whom have very little other data they can point to when interfacing with employers, lenders, insurance providers or other businesses.  

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