State educational support, full-time-equivalent (FTE) enrollments, and tuition charges at the public colleges and universities in Kentucky from 1971 to 1980 were studied, using a comparative indexing technique. Financial data are presented in actual and indexed values, and are shown in both current and constant dollars. State educational support is adjusted by the Halstead Higher Education Price Index (HEPI) and examined over the period studied for all public institutions. Comparisons are made with each of these factors and the HEPI and Consumer Price Index (CPI). Educational support to public higher education in Kentucky increased at a pace faster than did enrollment or the HEPI. When examined on a per FTE basis, the increase is slightly less than the overall percent increase support; still educational support per FTE increased, during this 10 year period, by 38.4 percent more than did the HEPI. Total FTE enrollment in public institutions peaked in 1976-77 and has decreased slightly since that time. Some schools are experiencing significant gains, some are remaining relatively stable, while some are experiencing actual decreases in FTE enrollment. Resident undergraduate tuition is examined for four major institutional groups in Kentucky, and the charges for these institutional groups are considered relative to the HEPI and CPI. A brief history of changes in the state's higher education system over the 10-year period, and the role of the state's higher education coordinating agency, are examined, along with recommendations based on the study results. (Author/SW)