The purpose of a state report card is to provide the general public and policymakers with information to assess and improve post secondary education in each state. "Measuring Up 2008" is the fifth in a series of biennial report cards that evaluates states in six overall performance categories: (1) Preparation for post-secondary education and training; (2) Participation; (3) Affordability; (4) Completion; (5) Benefits; and (6) Learning. Respective findings for Kentucky relative to best-performing states include: (1) Kentucky has made strides in preparing young people for college, though compared with other states its performance is only fair; (2) College opportunities for young and working-age adults are only fair; (3) Higher education has become less affordable for students and their families; (4) Kentucky performs well, and has improved, in awarding certificates and degrees relative to the number of students enrolled, but few students attain a bachelor's degree in a timely manner; (5) A very small proportion of residents have a bachelor's degree, substantially weakening the state economy; and (6) Like all states, Kentucky receives an "Incomplete" in Learning because there is not sufficient data to allow meaningful state-by-state comparisons. Based on previous state performance, the percentage of young adults in Kentucky who earn a high school diploma has increased substantially since the early 1990s; college enrollment of young adults in Kentucky has improved substantially since the early 1990s; college enrollment of working-age adults, relative to the number of residents without a bachelor's degree, has declined; the share of family income, even after financial aid, needed to pay for college has risen substantially; the number of undergraduate credentials and degrees awarded in Kentucky, relative to the number of students enrolled, has increased substantially since the early 1990s; and the percentage of residents who have a bachelor's degree has increased. (Contains 7 figures.) [For National Report, see ED503494. For Kentucky full report, see ED503638]