From American Communities Project: “But the nation’s college and universities are more than just educational hubs for the next generation, they are economic drivers in small towns and big urban centers around the country … In College Towns without ‘tier 1’ schools (communities with smaller schools or collections of small schools), the per capita GDP was more than $7,000 higher than it was in surrounding non-College Town counties. And in College Towns that are home to big research schools, the impacts are much bigger. The per capita GDP in those counties is $16,000 higher than the surrounding non-College Town counties.”
