It is fair to argue that any binding exit exams will cause some students to drop out, and also that barely passers are more likely to stay in high school than barely failers. This is no surprise given that the former group is on track to graduate whereas the other is not. Policymakers should, however, feel some concern if the exit exam is having a disproportionate effect on the traditionally disadvantaged students. The larger impact of failing the test for LEP, racial-minority, and economically disadvantaged students found in this research suggests that states should consider providing additional attention and academic support to reduce dropout among their ranks.