<p>The amount of money even a mid-sized university pumps into a local economy is huge.</p>
<p>[Elon</a> University springs back to life with new school year - Don Bolden - The Times News](<a href=“http://www.thetimesnews.com/news/local-columnists/don-bolden/elon-university-springs-back-to-life-with-new-school-year-1.196005?page=0]Elon”>http://www.thetimesnews.com/news/local-columnists/don-bolden/elon-university-springs-back-to-life-with-new-school-year-1.196005?page=0)</p>
<p>Many schools have such reports done. I once did a paper on the subject in an urban econ course many years ago. As most of the money a college takes in gets spent locally the multiplier impact is very high. Also cuts across wide range of local businesses.</p>
<p><a href=“http://www.news.wisc.edu/news/docs/UW-Madison_Economic_Impact_Study.pdf[/url]”>http://www.news.wisc.edu/news/docs/UW-Madison_Economic_Impact_Study.pdf</a></p>
<p><a href=“http://www.liberty.edu/media/1617/2012/december12/Liberty%20Univ%202012%20Economic%20Impact%20Assessement.pdf.pdf[/url]”>http://www.liberty.edu/media/1617/2012/december12/Liberty%20Univ%202012%20Economic%20Impact%20Assessement.pdf.pdf</a></p>