In 1995, nearly three-quarters of a million high school dropouts took the General Educational Development (GED) tests. The half million individuals who passed the test accounted for approximately one-sixth of all high school diplomas issued that year. On average, GED recipients perform as well as graduating high school seniors on the five tests constituting the GED. The GED has been shown to serve the following functions: stimulus to human capital investment; tool for measuring and assessing cognitive skills; sorting procedure; certification tool; and self-confidence builder. Studies have shown that 50-63% of GED recipients obtain some additional civilian education and training, particularly in community colleges and vocational-technical skills. In 1986-1992, GED recipients' share of postsecondary enrollment declined from 7% to 4%. Although GED recipients' grade-point averages in vocational programs and two- and four-year colleges have remained close to those of high school graduates, GED recipients are less likely than high school diploma holders to complete their postsecondary education. Compared with high school graduates, GED recipients earn less, experience more job turnover, and have similar cognitive abilities. Studies have confirmed that GED certification increases access to postsecondary education, which in turn leads to improved wages. (MN)