OKLAHOMA CITY (AP) - A new study shows that every $1 appropriated by the Legislature for higher education produces an extra $5.15 for Oklahoma's economy.
The analysis indicates that 23 percent of the state's economic activity is directly or indirectly generated from the campuses of colleges and universities.
The study was conducted for the state regents by Regional Economic Models Inc., a leading economic forecast company founded in 1980.
Oklahoma Higher Education Chancellor Glen Johnson says the report shows the higher education is invaluable to ensuring the state's economy remains strong.
(Copyright 2008 by The Associated Press. All Rights Reserved.)
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