As state leaders grapple with simultaneously raising academic standards and graduation rates, they need to pay particular attention to closing graduation and achievement gaps among different income and racial groups. Raising Graduation Rates in an Era of High Standards identifies five key outcomes, and suggests strategies and action steps policymakers can take. By building on and complementing ongoing systemic educational reform efforts, states can—and in some cases have begun to—improve the educational outcomes of and options for high school-aged students, especially low-income and struggling students. This report is part of Moving Forward: High Standards and High Graduation Rates, a joint project of Achieve, Inc., and Jobs for the Future and funded by Carnegie Corporation of New York. (March 2008)