WVU study: College grads contribute far more to state’s economy than it costs to educate them

Article WVU Today

At a time when questions are being raised about the value and cost of higher education, a new study released today (Oct. 1) suggests that education beyond high school creates an economic impact in West Virginia alone of $4 for every $1 spent.

The study commissioned by the West Virginia Higher Education Policy Commission shows that the economic impact of the 2010 graduating class of the state’s public colleges and university will generate nearly $6 billion in economic impact for the state over a 20-year period – or more than four times the estimated $1.4 billion that was spent from all sources, including $404 million from state appropriations.