Study shows Liberty's significant economic impact on region
December 12, 2012 | Ron Brown
Liberty University’s impact on Central Virginia’s economy continues to grow dramatically.
A recent study commissioned by the 41-year-old university shows its contribution is wide-reaching, from creating jobs, to generating local tax revenue, to nurturing community involvement by opening its recreational venues to the public and by encouraging students, faculty, and staff to volunteer hundreds of thousands of hours at charitable organizations each year.
Liberty pumped $342 million into Lynchburg and its surrounding counties during fiscal year 2011-2012. Since 2009, the university’s annual local financial impact has increased by a staggering 66 percent.
Read the full story from the Liberty University News Office.