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NYC High School Graduation Rates Reach Record High

NEW YORK (CBSNewYork) -- Mayor Michael Bloomberg is touting more good news for New York City schools.

Bloomberg and Schools Chancellor Dennis Walcott released preliminary figures showing that last year's high school graduation rate was 66 percent -- a new record high.

Bloomberg said black and Hispanic male students made the biggest gains with more than a 75 percent increase since 2005, which is when the state began releasing city graduation rates, 1010 WINS' Carol D'Auria reported.

NYC High School Graduation Rate At All-Time Record

College readiness among New York City students has doubled and the dropout rate has been cut in half since 2005.

"The continued increase in graduation rates provide further evidence of the incredible progress New York City students are making and the impact our reforms have had in transforming a once dysfunctional educational system," Bloomberg said in a statement. "For 12 years we've raised standards, given students and teachers more support and held our students accountable – and the results speak for themselves."

"We have made historic gains," Walcott stated."This remarkable progress was once considered unimaginable – and it's the clearest example yet that our reform strategy is working."

The announcement came a day after Bloomberg and Walcott touted improved Regents, SAT and AP test scores among high school students.

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