Improved Graduation Rates Give Austin Students a Boost in Urban Real Estate Areas
According to the Greater Austin Chamber of Commerce’s annual Education Progress Report for the school district, Austin ISD graduation rates have increased from 74.3 percent in 2008 to an all-time high of 82.5 percent in 2012. The increase indicates improved quality of education, which in turn will lead to greater opportunity for students in Austin’s urban neighborhoods.
AISD Superintendent Meria Carstarphen said it is a “troubling” time for the nation in terms of
public education, and urban education is at the forefront of the fight to make sure children get what they need. “I have been blessed to be able to build a great team. We really came together to fight the fight for kids. I’ve been able to hire almost half of the principals in AISD now, and as a result our performance is really reflecting the value system of our school board and of Austin,” she said at the recent progress reports launch.
According to the report, 973 more AISD seniors graduated ready for college in 2012 than in 2007. Graduation rates increased for economically disadvantaged, African-American and Hispanic students in 2012. These rates signal improved quality of education for urban area students and gives the Austin urban real estate market added value. Because the availability of quality education directly correlates with an improved quality of life, high graduation rates at neighborhood schools represents a gateway to greater opportunities for students in the area.