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Study: Higher education has major impact on Valley economy

Source: newsleader.com Posted By: Claire M...3328 days ago

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....

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