U Of Central Arkansas, Higher Education Major Players In Local Economy

Ann McClure's picture

Further findings of the University of Central Arkansas’s recent economic impact study indicate that higher education institutions are powerful players in local commerce.

The study compiled by Idaho-based Economic Modeling Specialists Inc., applies financial language to a student, graduate and local taxpayers’ perceived pay-out in regard to the school.

In a UCA release Tuesday, the school stated that for every dollar a student invests in UCA, he or she is to receive a cumulative $5.30 in higher future income over the course of a working career.

Additionally, state and local governments see a rate of return of 7.9 percent on their investment in UCA, the study’s findings indicate.

Read more