Institutions of higher learning have a direct impact on the economic success of a state and region, and there is a direct correlation between higher education and the positive outcomes on quality of life measures.
In essence, higher education pays. College graduates earn more and spend more than those without a college degree. The taxes paid by college graduates are greater and are used for the public good, including repaying the cost of a college education several times over.
The state’s investment in higher education is an investment in the future of Louisiana as college graduates are productive members of society, paying taxes, volunteering, voting and raising families with similar goals of attaining a college degree.
With over 80,000 students, the University of Louisiana System is the state’s largest higher education system. Consisting of eight four-year universities strategically located across the state, the economic and quality of life impacts of the UL System enrich each of the state’s 64 parishes.
As you will see in this comprehensive study of the economic and community impacts of the eight universities in the University of Louisiana System, investments in higher education have a ripple effect on the economic vitality of the entire state and the quality of life of its citizens.
Our universities provide jobs, train future workforces, incubate businesses, create and bolster new industries, enrich the lives of residents through the arts and humanities, and sustain the financial stability of communities where they are located.
The combined impacts of Grambling State University, Louisiana Tech University, McNeese State University, Nicholls State University, Northwestern State University, Southeastern Louisiana University, the University of Louisiana at Lafayette and the University of Louisiana at Monroe are in the billions of dollars.
That’s the power of EIGHT UNIVERSITIES STRONG.
About the Study
Initiated in August 2008, the University of Louisiana System Economic and Community Impact Study was conducted by Applied Technology and Research Corporation of Baton Rouge. The study relied on data provided by the eight universities, the University of Louisiana System, the Louisiana State Employees Retirement System, Teachers Retirement System of Louisiana, and the Office of Group Benefits. The methodology used is consistent with that of other university impact studies nationwide.
©2008 University of Louisiana System
1201 North Third Street, Suite 7-300 Baton Rouge, LA 70802 | PH: 225.342.6950 | Contact Us