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.”