This report contains summary tables of Colorado state graduation rates for the class of 1994 and dropout rates for the 1993-94 school year, along with reports of graduation and dropout rates by school district. The dropout rate is an annual rate reflecting the percentage of all students enrolled in grades 7 through 12 who leave school during the reporting period and who are not known to transfer to other public or private schools. The dropout rate for the 1993-94 period was 4.3%, the same rate reported for the 1992-93 school year. This rate does not include students who were expelled from school. Of the 12,790 students reported as dropouts during the 1992-93 year, 3,780 were reported as retrievals during the 1993-94 year. The 1994 graduation rate is a 4-year rate based on school district reports for students who began ninth grade in the 1990-91 school year. The graduation rate for the class of 1994 was 78.8%, a decrease of 1.1% from rates reported for the classes of 1992 and 1993. The rate for traditional high schools only was 81.8% in 1994. This reflected modest but steady increases in the graduation rates of minority groups in traditional schools. Some questions and answers about dropout and school completer rates are attached. (Contains 13 tables.) (SLD)