The University of Nebraska system generates billions each year in the economy

Estimated $5.8 billion even during the pandemic

LINCOLN, Neb. (KLKN)- An independent analysis found that for every dollar the University of Nebraska system receives of federal dollars, they are able to turn it into $9 in the Nebraska economy.  That means a yearly $5.8 billion economic impact, which has grown about 28.5% over the last three years and even during the pandemic.

“It’s one of the largest economic impacts of any university system of any state in the country,” said Ted Carter President of the University of Nebraska System.

The University of Nebraska system asked the appropriation committee for federal funds to grow 8 areas across the university system, including agriculture, rural health, and more.  They hope that by adding programs, they can continue to impact the state’s economy in a positive way.

For the full report, click HERE.

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