On this episode of Appalachian Today, University Communications’ Dave Blanks provides a quick rundown of some of the latest news stories available at today.appstate.edu.
Transcript
Recently released numbers concerning App State’s economic impact. According to a study conducted by labor analytics firm, Lightcast, in fiscal year 2021–22, the university generated an estimated $573 million in added income for Watauga, Ashe, Avery, Caldwell and Wilkes counties. Statewide, the estimated economic impact of App State was $2.2 billion.
Some interesting takeaways from the study-
For every dollar invested by App State students they will gain $5.80 in higher lifetime earnings.
Also for each dollar $1 public funding that taxpayers invest in App State in 2021–22, over the course of students’ working lives, North Carolina taxpayers will gain $3.20 in increased tax revenue and public sector savings from reduced demand for government-funded social services.
App State Chancellor Sh