This report presents tables, graphs, and narrative to describe the current status of postsecondary education in Kentucky in the context of the Kentucky Postsecondary Improvement Act of 1997. The Act changes how postsecondary education is defined (to include postsecondary technical schools) and its activities and programs measured. The first section provides a system profile with data on: universities and community colleges, postsecondary technical institutions, enrollments, degrees awarded, and personnel. Educational quality is addressed in the next section with data on ongoing assessment activities, student outcomes assessment, pass rates on licensure exams, and results of three surveys of graduate degree alumni, undergraduate degree alumni, and graduating students. The third section describes student progress/advancement with sub-sections on time and credits to degree, remedial follow-up, and persistence and graduation rates. The fourth section examines research, service, and workforce development including education reform initiatives, research and public service, workforce development initiatives, and employment-related outcomes. Use of resources is reported in terms of room utilization and use of technology. This is followed by information on commitment to equal opportunities with data on equal employment opportunity eligibility. The final section summarizes 1997 higher education accountability goals. Information on performance indicators and accountability legislation and a list of acronyms are appended. (DB)