Although more Americans question the value of a college degree, a new study shows that Ohio's public universities have a big impact on state’s economy
In a time where more Americans are questioning the value of higher education and a college degree, a new study shows that Ohio's public universities are definitely good for one thing: helping the economy.in the last fiscal year, according to a study by Lightcast, an independent consulting firm, on behalf of the Inter-University Council of Ohio.
The Lightcast study measured economic impact based on a number of variables, including expenditures on goods and services for operations and construction; spending by students and visitors; revenue from startup and spin-off companies; as well as research and clinical activities.Construction spending impact: $598 millionStart-up and spin-off company impact: $1.7 billionVolunteerism impact : $79.3 millionThe largest return on investment came from alumni.
The percent of Americans who think a degree from a public university is worth the cost, though, has remained fairly consistent over the past five years. About 66% of people last year agreed that public universities are worth the cost.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ohio State More Active in Transfer Portal Than Ever Before While Continuing to Minimize Outgoing AttritionOhio State brought in far more transfers than ever before this offseason while losing only nine scholarship players to the portal, tied for the second-fewest among Power 5 schools.
Read more »
Four-Star Ohio State Quarterback Commit Air Noland Invited to Elite 11 FinalsFour-star Ohio State quarterback commit Air Noland earned an invite to the Elite 11 Finals after an impressive showing at Saturday's Elite 11 Regional in Georgia.
Read more »
Plastic surgeon who went viral on TikTok may have medical license revokedOn social media, Grawe is better known as Dr. Roxy, the surgeon who posts behind-the-scenes videos of her procedures. She is now facing several lawsuits accusing her of failing to appropriately treat some of her patients.
Read more »
Men who cheated in Ohio fishing tournament get prison time, lose $130K boatThe two men who were caught stuffing walleye with leaded weights to win a fishing tournament in Ohio will spend time in jail after being convicted of a felony.
Read more »
Reports: NW Ohio Priest convicted of sex traffickingA jury found Rev. Michael J. Zacharias guilty on all charges against him including on sex trafficking of a minor and sex trafficking of an adult and minor by force, fraud, or coercion.
Read more »
Ohio human trafficking sting nabs 10 men, including teacher, illegal immigrantAuthorities in Ohio have arrested 10 men in a human trafficking sting in North Olmsted. That arrest came the same day a man in Lorain County was sentenced to life in prison.
Read more »