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Little is known about the value of high-stakes high school tests in predicting performance in college. Using data from the City University of New York, I examine how well Regents exam scores predict freshman year grade point average for low-income and minority students, and how this compares to SAT scores. Using OLS regression, I find that the Regents tests are of similar predictive value as the SAT for low-income students, Black students and Hispanic students, with comparable patterns of differential prediction and validity for Black and Hispanic students. I then use two-level mixed models to identify whether the differential prediction is within or between schools, and I find significant differential prediction for Black and Hispanic students at the school level.