This qualitative research aims to study the meaning of desired outcomes of education in the context of Chandrakasem Rajabhat University and develop the desired outcomes of education indicators in the context of Chandrakasem Rajabhat University by using the grounded theory. Six key informants were purposively selected based on their related experiences in educational quality assurance. The instruments used were semi-structured interviews, voice recorders, and a camera for the field research. The data were collected through in-depth interviews and analyzed from the text. The research found that (1) the meaning of the desired outcomes of education (DOE) for the context of Chandrakasem Rajabhat University was about the learners, innovative co-creator, and active citizen dimensions based on Thailand Qualification Framework (TQF), which would be seen that the students’ characteristics include human skills alongside knowledge and special skills, and (2) the DOE indicators for Chandrakasem Rajabhat University were comprehensive in the input, the process, and the output, which had both quantities and qualities indicators. Some indicators had to use assessment forms and be analyzed by statistical tools. Different indicators had to be understood and observed their behavior before summarizing individual characteristics. Therefore, all indicators were suitable within the context of Chandrakasem Rajabhat University.