Study highlights the economic impact of UIS – NPR (Illinois)

Taxpayers provided UIS with $46.3 million of funding in FY21. In return, they will benefit from added tax revenue, stemming from students’ higher lifetime earnings and increased business output, amounting to $127.1 million. For every dollar of public money invested in the university, taxpayers will receive $3.20 in return.
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nixit
1 year ago

Another study extolling the revenue windfall from public resource X but excludes the opportunity cost of those tax dollars being spent elsewhere and tuition dollars being spent on other products or services. If it’s such an economic engine, let’s open a college in every town.

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