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A newly released economic impact report from the Association of Independent Colleges and Universities of Pennsylvania (AICUP) reveals that �鶹�� College contributes an estimated $89.9 million to the Pennsylvania economy and supports 820 jobs across the Commonwealth. 

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The comprehensive 28-page report, conducted by the nationally recognized Parker Strategy Group, highlights the significant role �鶹�� College and other AICUP member institutions play in driving economic growth, job creation, and public revenue. The analysis considered direct spending on operations, wages, capital projects, and the ripple effects of student and visitor expenditures.

“�鶹�� College has long been a center of academic excellence, and this report affirms that the College’s impact extends far beyond the classroom. With nearly $90 million contributed to Pennsylvania’s economy and over 800 jobs supported statewide, �鶹�� is proud to be a vital force in the Commonwealth’s economic sustainability,” said President Wesley R. Fugate, Ph.D.

According to the study, �鶹�� College supports and sustains 820 jobs throughout the state through direct employment, indirect and induced jobs created by supply and equipment vendors and contractors, and jobs created throughout the state in support of the institution’s faculty, staff, students, and visitors. AICUP schools are among the top employers in Pennsylvania and contribute to the creation of nearly 200,000 jobs overall.

The study also concluded that �鶹�� College generates about $6.9 million in tax revenues annually for the Commonwealth of Pennsylvania and for local governments, through sales tax, property tax, personal income tax, and corporate income taxes.