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Published 07:44 3 Sept 2021 BST
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This year's results are an overall 2.6% higher than in 2020, which was also record-breaking for results. These were 4.4% higher than in 2019.
The State Examinations Commission said it stands by the validity of the grades, claiming this was the outcome of various changes in order to prioritise fairness after schools were closed during multiple lockdowns.
This year, students for the first time were allowed to choose between either written exams like normal, or accredited grades taken from their teacher's assessment, or could opt for both.
If students decided to do both, they received whichever was the highest result. With results higher, there has also been an increase in top grades in higher level subjects.
When it came to high grades in higher level maths, it saw a 75% increase since last year. Students getting a H1 went from 8.6% in 2020 to 15.1% this year.
It is also said that the teacher's assessment was more generous than last year, especially when it came to higher level subjects, with them two, three or four times higher than normal.
A total of 17% of schools saw their estimated grades pulled down while 6% were brought up and 77% remained the same, which is similar to last year.
Grade inflation, however, is expected to devalue some students' results as many of these were based on exams they sat in previous years.
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