Thursday, January 15, 2009

Illinois' campuses boost economy

The University of Illinois' three campuses add $13 billion to the state's economy every year, according to a new study from the Institute of Government & Public Affairs.

The study also said university campuses in Urbana-Champaign, Chicago and Springfield pump another $9 billion indirectly into the state's economy as their employees spend their salaries and other university money circulates through the economy.

This new study was written about in a January 14, 2009, Associated Press article.

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