This report follows the high school graduating class of 2021 into their first year of college. While the data reveals areas that require attention, it is important to recognize successes: (1) A slight increase in students enrolled in Concurrent Enrollment (programs that follow statute guidelines and offer college courses tuition-free to high school students); (2) All students enrolled in Concurrent Enrollment in the 2020/2021 academic year potentially saved $50 million in tuition costs; (3) 3.5% earned postsecondary credentials while in high school -- a slight decrease from the year previous but much higher than in 2009 (0.34%); (4) Students assessed as needing developmental education courses have decreased significantly -- there is also a decrease in the number of students enrolled in standalone developmental education courses; and (5) Colorado higher education provides good support once students enroll. Persistence rates increased slightly (just under 80%) -- higher than the national average of 75.6%. These and other successes can be used as momentum to address the areas that need attention. Just under 50% of high school graduates attended an institution of higher education in the fall after graduation. The concern adds to the weight of the upcoming enrollment cliff - projections of a nationwide drop in enrollment of the college-age population beginning in 2025. Further, the cliff has resulted in colleges outside of Colorado increasingly recruiting the state's graduates -- 29% of high school graduates enrolled in a college or university in another state -- a 4% increase and the highest rate ever.