You have adults between 20 and 30 years old with only high-school level education. And they are volunteers. Sounds like you are selecting for people with a bad economic situation. Maybe people who has put some survival skills to use already?
Assuming they are on a good location that is with abundant trees at least moderate fauna, and a good source of water. And at safe distance from any notable predator... they could reach Neolithic in matter of days if not hours.
They would probably not get the metal ages as developing mining would be hard work with little reward. Instead they will focus on hunting and gathering. Perhaps for the second generation they will have farming.
They had some education, and they will be willing to pass it down. Yet, as Cort mentions in his answer they will skip a lot of "useless" stuff - that they probably don't remember from high-school (that was at least a decade ago for some of them).
Writing will probably be doing marks with charcoal or clay brick on stone or wood. Or they could start marking marks on wet clay if they are clever - or if they remember that class about the Sumerians in high-school - I don't think so.
And then be stuck there, indefinitely.
I'm guessing that to bootstrap the metal ages, they will probably have to figure out a furnace and get some iron from a meteorite. Get some tools that would allow actual mining.
They could get gunpowder without mining. Charcoal from burning wood, sulfur from a volcano... But saltpeter from manure or compost doesn’t seem something they would do if they don't know how to do it already, much less making nitric acid to make saltpeter from it (Edit: I don't know about making nitric acid without electricity).
Healthcare is trash in the colony, these people only have high-school level education... they don't have the education of the indigenous tribes that know what plants work as antibiotics, anti-inflammatory, analgesic, or poison. They will have to learn the hard way... and that requires time and death.
With bad healthcare comes bad life expectancy. Also there are no contraceptive methods! Besides what people need here are more hands at work. All points to families with lots of pregnancy. Oh, and high child mortality.
They would soon discover some alcoholic beverage made with local fruits - just some juice nobody drunk - and they will enjoy the booze. This will probably be for the best because - if they are not boiling water – then water has more bacteria in it. Also, I'm hoping they don't mix their poop with the water supply, or they will be doomed.
Other than that, they will be ok. Still, nowhere near the 17th Century, more like somewhere between 25th Century BC and 22nd Century BC.
I don't think they will follow the same path as the humanity did, they will do a few early leaps. And there is a strong chance that they will not create vastly diverse religions. Furthermore the government will either resemble a democracy or go for a monarchy.