Report: ASU generates $901 million for state

MONTGOMERY, Ala. (AP) -- A new report commissioned by Alabama State University says the school generates $901 million and 10,500 jobs for the state each year.
Officials told the Montgomery Advertiser the study is part of a broader push to remind the local business community of the school's growth and development over the past several years.
ASU leaders hope to drum up support as they cope with state funding cuts and mull another possible tuition increase.
The report by the Coral Gables, Fla.-based Washington Economics Group found the school generates $885 million for the River Region, including 9,714 jobs and $111 million in state and local taxes. ASU paid $15,000 for the study.
The study also found the university's operations create an economic impact of $341 million, and supports 3,931 jobs.


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