Imagine an elementary school teacher told you that many of her students had failing grades, so she had implemented a new reading curriculum.

If she told you that afterwards the failing grades had "soared", it could easily be read either way:

- The (previously failing) grades had increased, so the program must be working very well.

- The percent of grades that count as failing had increased, so the program must actually be terrible.

It's not the best phrasing but it's still quite clearly the latter