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Published November 18, 2012, 04:09 PM

Study: ND colleges, universities have $4.4B impact

BISMARCK, N.D. (AP) — The North Dakota University System says its impact on the state's economy was worth $4.4 billion in fiscal 2011.

BISMARCK, N.D. (AP) — The North Dakota University System says its impact on the state's economy was worth $4.4 billion in fiscal 2011.

The university system's economic study says that's up from $3.7 billion in fiscal 2009.

The study estimated that the 11 state colleges and universities contributed $1.6 billion into local economies in fiscal 2011. The study says that money multiplies when cycled through the state's economy.

The system includes six four-year universities and five two-year colleges with an enrollment of about 48,000 students and more than 11,000 employees.

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