The economic impact of nonresident students on West Virginia's economy.

Autor/inn/en	Smith, Edwin R.; Bissonnette, Kathleen K.
Titel	The economic impact of nonresident students on West Virginia's economy.
Quelle	In: Research in higher education, (1989) 2, S.229-238Infoseite zur Zeitschrift PDF als Volltext Verfügbarkeit
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	0361-0365
DOI	10.1007/BF00992719
Schlagwörter	High Education; State Economy; Economic Impact; Education Research; Education Institution
Abstract	Abstract This paper describes a cost-benefit analysis of the impact of nonresident higher education students on the economy of West Virginia during the academic year 1985–86. During that year, the 10,091 FTE nonresident students enrolled in higher education institutions in West Virginia contributed to the state economy an estimated $72,182,000 through tuition and fees, living expenses, and travel expenses of parents and friends. The $72,182,000 flowing through the state's economy generated $86,618,318 in direct and indirect financial benefit to the state, while the state allocation attributed to the education of these nonresident students was $28,668,537. This return on investment, a benefit to cost ratio of 3.02, represents the net economic impact on West Virginia's state and local economies associated with higher education's nonresident enrollment in 1985–86. The ratio suggests that for each one dollar invested by the state in non-resident students, the state realized a return of $3.02 over the period of one academic year.
Erfasst von	OLC
Update	2023/2/05