The National Assessment Governing Board is conducting a program of research to determine the feasibility of the National Assessment of Educational Progress (NAEP) reporting on the academic preparedness of U.S. 12th grade students, in reading and mathematics, for college and job training. Twelfth grade is the end of mandatory schooling for most students and represents the transition point to adult postsecondary pursuits. Currently, there are no nationally representative indicators to report to the public on the academic preparedness of 12th grade students for college and job training. The research and conclusions contained in this report are limited to academic preparedness for college.