Five myths prevailing in Lebanon about national exit exams are debunked. Myths pertain to the pretended value of these exams in relation to the quality of education, authentic assessment, school merits, meaningful learning, and constructive teaching. Exams are shown to be detrimental to K-12 education in all five respects, and thus not to be worth the hype surrounding them. An alternative school-based mechanism to be overseen by local educational authorities is then called for to enforce national quality standards as part of a comprehensive systemic reform that entails the creation of the National Education Council. Download full text