This status report documents the postsecondary progress of the 1993-1994 Florida public high school graduating class through the spring term of 2001, or 7 years after high school graduation. The two major outcomes addressed were baccalaureate degree completion and the time/credit hours to baccalaureate degree completion. The study focused on 1993-1994 public high school graduates who by fall 1994 enrolled in baccalaureate degree programs or associate in arts or general freshman community college programs. Analyses examined the relationship between the outcomes of interest and a variety of factors, including precollege student attributes, college student experiences, and institutional characteristics. There were 90,072 graduates from Florida public high schools in 1993-1994. Of these, 82,787 (91.9%) had valid social security numbers for subsequent tracking. Of these, 39,095 (47.2%) were found enrolled the following fall semester in institutions in the cohort study database. An additional 10% were estimated to have enrolled at postsecondary institutions out of state, for an overall continuation rate of about 57%. By spring 2001, the vast majority (74.4%) of students in the cohort still had not earned any credential at a state university or community college, reflecting both modest levels of initial postsecondary participation and academic progression. The highest degree held by 14.5% of the cohort overall was a bachelor's degree, and this was the highest degree for 58% of those who enrolled immediately after high school graduation. Findings show that high school preparation and academic achievement matter, and that there are things students can do to enhance their chances of receiving a degree. Data are provided on student characteristics, including race/ethnicity and socioeconomic status. Six appendixes present details about the cohort, including results from a model predicting likelihood of degree completion. (Contains 68 tables and 2 figures.) (SLD)