Virginia economy

Virginia higher education system plays major role in state economy

Tuesday, September 10, 2013 - 3:51pm | Fourth Estate Executive Editor Frank Muraca

According to a new study, every dollar spent by Virginia public higher education institutions is associated with an additional $1.29 in state revenue and adds $17.40 to the state gross domestic product.

The study, released by the University of Virginia’s Weldon Cooper Center for Public Service, was created for the Virginia Business Higher Education Council.