Study: Higher education has major impact on Valley economy
November, 10, 2009
The News Leader
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"A recently released study sanctioned by Grow by Degrees, a campaign of the Virginia Business Higher Education Council, provides an unprecedented look at the large impact of Virginia's public colleges, universities and community colleges on Virginia's economic output, job creation and state tax revenues. The study demonstrates that for every dollar the state spends on the public higher education system, it generates $13.31 of economic activity and $1.39 in increased tax revenues that flow back to the state."
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