GROVE CITY, Pa. - A recent study found that Grove City College contributes more than $176 million annually to the state and local economy.
The report, conducted by Parker Strategy Group for the Association of Independent Colleges and Universities of Pennsylvania (AICUP), examined the college's direct, indirect, and induced economic effects. These include operational spending, expenditures by students and visitors, and the demand for goods and services from suppliers and vendors. The study also factored in household spending by employees and others whose livelihoods are tied to the college.
According to the findings, the college's economic activity amounts to an estimated $176,255,822 annual infusion into the state's economy.
The study also concluded that the college "supports and susta