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UT Arlington In The News - Tuesday, October 2, 2012

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Tuesday, October 2, 2012

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Economic report puts value on UT Arlington

How do you demonstrate to your boss that you're worth your keep? If you're a state university that answers to the public by way of the Legislature, you ask an economist to quantify your value, a Fort Worth Star-Telegram editorial said. When Waco-based Ray Perryman crunched the numbers about The University of Texas at Arlington, he estimated the school's impact from ongoing operations as $1 billion in output and 14,685 permanent jobs in North Central Texas, even higher when projected statewide. Total external benefits, which includes the effects of spin-off research and graduates employed in North Texas (almost 69 percent of UTA alums live in North Texas), came to a $12.8 billion annual impact and 122,295 jobs in the region and $13.6 billion statewide, the editorial noted.

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