Campus Dakota
The Union => Spout => Topic started by: pmp6nl on December 29, 2010, 09:37:52 PM
-
NDUS' economic impact worth $3.7 billion a year
BISMARCK – The North Dakota University System says its impact on the state’s economy is worth $3.7 billion a year.
By: Forum staff reports, INFORUM
BISMARCK – The North Dakota University System says its impact on the state’s economy is worth $3.7 billion a year.
The system, which includes the University of North Dakota and North Dakota State University, released a study Tuesday of its effect on North Dakota’s economy.
The study estimated that state universities contributed almost $1 billion into local economies in the 2009 fiscal year and another $300 million through student spending.
According to the study, that money multiplies when cycled through the state’s economy.
In a statement, university system Chancellor Bill Goetz argued that North Dakota’s investments in higher education pay off later.
Wow.