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John T. Casteen III announced Friday that he will retire next year from the presidency of the University of Virginia, having then served 20 years in the position -- an unusually long period for presidents of public flagships these days. Under Casteen, Virginia has pushed to diversify its student body and new financial aid programs have specifically led to increased enrollment of low-income students. Casteen -- frequently noting the mixed record of Virginia lawmakers in providing adequate financial support for higher education -- has also been a highly successful fund raiser, and is currently leading a $3 billion campaign.