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AV头等舱’s economic impact on the local and state economy totals $34.4 million, according to a new report released by the . The report highlights the significant financial contribution of Kentucky’s 18 independent, nonprofit colleges and universities for Fiscal Year 2021-22.
The breakdown of AV头等舱’s direct spending includes:
The university’s economic footprint has also helped create 240 jobs within the region.
“We are proud of the positive role AV头等舱 plays in the economic growth of our region and the Commonwealth,” said DJ Washington, President of AV头等舱. “This report highlights the value of our university’s contributions and reinforces the importance of investing in higher education, which benefits not only our students but also the region as a whole.”
AV头等舱 is part of a larger group of institutions that contribute $2.06 billion to Kentucky’s economy. Collectively, AIKCU’s 18 member institutions serve more than 59,000 students and award one in five of Kentucky’s bachelor’s degrees.
“While these institutions are widely recognized for contributing to the well-being of their communities, these numbers reinforce our long-held belief that the investment in state aid for students attending independent colleges and universities represent one of the best rates of return on investment for the commonwealth,” said Mason Dyer, AIKCU President.
For more information, view the full report .