Lotsa Pizza

Published: September 17, 2007, 4:39 pm

College students in the greater Philadelphia region (meaning everything from Paoli to Princeton) contribute $2.2 billion, or about $8,000 per year per student, to the regional economy. (Parents, can you imagine?!! The answer, probably and painfully, is yes. Think about the book bill alone!) This statistic comes from Select Greater Philadelphia, which today released a study showing how higher education impacts the greater region's economy. Select Greater Philadelphia is an organization that markets the area to businesses. By the way, that $8,000 does not include room, board and tuition. The group points out that the higher education sector contributes almost 7 percent of the region's jobs, or 210,600 jobs, which average $63,200 in annual pay. The gross economic impact is $15.2 billion in the larger region, which it defines as stretching from Mercer County to Salem County in New Jersey, and including the city and its surrounding counties in Pennsylvania. Beyond the $15.2 billion

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