This study examines the educational achievements and attainments of 1.5 and second-generation Korean Americans. Drawing from the 1998 New York and the 2004 IIMMLA surveys as well as forty follow-up in-depth interviews (selected among the 1998 New York survey participants), the study finds that second-generation Korean Americans are attaining high levels of education similar to the educational attainments of their immigrant parents. A high proportion of second-generation Korean Americans also attend elite high schools and colleges, giving the impression of them as model minorities. Closer analysis, however, suggests a more complex dynamic at work, one that involves Korean immigrants’ selective educational and occupational background and the particularities of adolescent life. School-related factors, especially teachers’ expectations, peers, and degree of socializing, have considerable impact, both positive and negative, on the educational attainments of second-generation Korean Americans.