This new study utilizes data on more than 230,000 NYC students to examine the relationship between neighborhood policing and high school graduation rates. The findings highlight starkly different experiences with policing across race/ethnicity groups and provide evidence about how these inequities influence students’ educational trajectories. We found that while overall levels of police activity fell over time, racial disparities persisted. On average, Black students lived in neighborhoods with about three times as many police stops as White students. Importantly, our findings also show that when there was heavy Stop, Question, and Frisk activity in Black and Latinx students' home neighborhoods, they were substantially less likely to graduate from high school.