California's Partnership Academies, which are conducted under the sponsorship of the state and aimed at dropout prevention for at-risk high school students, combine a modified curriculum and structure with the following elements: (1) a student selection process designed to enroll students with potential, but whose past performance places them at…

The rationale for high school dropout reduction programs rests mainly on evidence that graduates are more successful than dropouts in the labor market. It is not evident, however, whether this difference is attributable to the diploma itself or to underlying characteristics that affect both graduation and labor market success. This paper estimates…