Matt McLogan

Michigan Capitol Building
Phillip Hofmeister via Wikimedia | CC BY 3.0 / wikimedia.org

University presidents from across the state, including Grand Valley State University, are lobbying against the income tax cut plan.

The leaders of Michigan's 15 public universities are lobbying against an income tax cut they worry would lead to state funding cuts.

While the House has altered the income tax cut and roll back bill. The legislation would now cut the tax down to 3.9 percent by 2021 and then go no further.

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This is the time of year when colleges and universities across the country release their economic impact studies. During its Board of Trustees meeting, Grand Valley State University unveiled its economic influence on the region.

What is the economic value of Grand Valley State University to West Michigan, in particular, the tri-county area of Kent, Ottawa and Muskegon Counties? The university estimates its $780 million.  That’s up from $730 million last year.

Matt McLogan, Vice President of University Relations explains the “multiplier effect.”