Reports on a study of data from the March 1980 Current Population Survey about the impact of the number of high school diplomas and their value in the labor market. Finds that, although traditional economic models suggest that a large number of diplomas diminishes their value, the queuing model shows that it could be an asset. (CFR)

The annual report presents 1987 activities of the Transition Institute at the University of Illinois which was contracted to assist in evaluating and extending the federal initiative relating to educational and employment difficulties experienced by young people with disabilities. Briefly reported are activities related to the contracted tasks of…