Economic activity, recurring operational impacts, direct expenditures
As the state’s flagship institution of higher education, the University of Arkansas delivers a significant economic impact to Arkansas. In 2018, an impact in excess of $2.2 billion came from the University via operations, construction, technology transfer, student expenditures, and visitor spending. The University of Arkansas has a substantial influence on the direction of the state’s economy by fulfilling its land-grant mission of developing human capital, growing ideas, and transmitting knowledge to the public.
Jebaraj, M., Frandson, B., & Galen, S. (2019). The Economic Impact of the University of Arkansas. Publications and Presentations. Retrieved from https://scholarworks.uark.edu/cberpub/1