Study finds local colleges provide region with thousands of jobs and millions in revenue
November, 1, 2009
The Daily Press
Tags: there are no tags for this entry
"According to a study conducted by the University of Virginia's Weldon Cooper Center for Public Service, the region's public colleges and universities are responsible for more than 22,000 jobs in the area, more than $4.3 billion in goods and services and more than $450 million in tax revenues annually. But state funding for higher education has been slashed over the past two years as Virginia struggles with a revenue shortfall. Colleges and universities have been hit four times in 24 months, cutting about 25 percent of their state funding at a time when record numbers of students are applying for admission and struggling to find ways to pay for college."
Comments
There are no comments for this entry yet.