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
App State broke ground on the first phase of its Innovation District, to include the Conservatory for Biodiversity Education and Research, on March 25.