UGA’s Annual Economic Impact Grows to $6.5 Billion

Feb 17, 2020

Growth in the number of graduates earning degrees in high-demand fields, a thriving research and innovation ecosystem, and a commitment to serving the state have lifted the University of Georgia’s annual economic impact to its highest level yet: $6.5 billion.

“This report demonstrates that the University of Georgia is more vital to our state’s success than ever,” said President Jere W. Morehead.

The university’s economic impact report, now in its fifth year, quantifies three broad variables that reflect the university’s teaching, research and service missions. The economic benefits of the university’s teaching mission are measured by the increased earnings that UGA graduates earn. The impact of the research mission includes economic activity generated by external funding for research as well as business activity generated by startups that are based on research by UGA faculty and staff.

READ MORE: https://news.uga.edu/6-5-billion-ugas-annual-economic-impact-grows/