A recent study by the Metro Denver Economic Development Corporation ranks the states on a variety of indicators. It turns out the Colorado is #1 in the nation in terms of ACT and SAT scores, but we're 29th in our public high school graduation rate, and 41st in our student-teacher ratio in primary schools. So it's not a great place to be a K-12 student, but if you get through that system, you'll likely get into a good college.
This, of course, means that those who are doing well in Colorado's schools are doing really well, and those who aren't doing well are really doing pretty crappy.
Or marginal students are not taking the exams, which raises the average score.
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