Todd: Economic downturn can't stall UK's goal

LEXINGTON, Ky. (AP) -- University of Kentucky president Lee Todd says the state's flagship institution needs to continue with its top 20 business plan despite tough economic times.

Todd delivered his State of the University address on Thursday in front of about 200 people. He warned the university shouldn't shrink from its responsibilities because the outside economy is struggling.

The president has set as a goal to become one of the nation's top 20 research institutions. To get there, he says the retention rate needs to jump to 71 percent. It is currently at 61 percent.

Todd lauded the $332 million the school spent on research last year and its record black enrollment for freshmen this fall.

(Copyright 2008 by The Associated Press. All Rights Reserved.)

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