INDIANAPOLIS, Ind. (WOWO): A new report has found that more than three-quarters of high school graduates are prepared for college-level coursework.

The report found too many students are not college ready. Indiana Commissioner for Higher Education Teresa Lubbers said, “College readiness is a key measure predicting student success and degree affordability… Too many students still need remediation when they begin college, but the gains illustrated in our new report show real momentum for continued improvement.”

Even with recent improvements, the report says too few college freshman are on track to complete their degrees on time. “The most affordable degree is an on-time degree,” Lubbers said.

In call, 77% of students from the Class of 2013 were college ready, compared to 72% of the Class of 2012. Data for the state’s public colleges and universities is collected annually by the Indiana Commission for Higher Education.