How does the University of Louisiana at Lafayette's presence affect the state and local economies?
Appleseed, a New York City-based consulting firm, recently conducted an independent economic and community impact analysis for UL Lafayette. It has performed economic impact studies for private and public universities such as Tulane, Harvard, Ohio State and Virginia Tech.
Factors that Appleseed considered include direct and indirect employment, the purchase of goods and services, the transfer of new technology into the commercial sector and earnings of University graduates.
"This is a tool we can use for a variety of purposes. It paints a portrait of our strengths, as well as opportunities to contribute more to the state and region," said UL Lafayette President Dr. Joseph Savoie.
The economic impact study was privately funded.