Nine billion dollars. That’s the economic impact of the University of Tennessee (UT). UT’s economic impact study included its campuses located in Knoxville, Chattanooga and Martin, as well as the Health Science Center in Memphis, the Space Institute in Tullahoma and the statewide Institute of Agriculture and Institute for Public Service. The economic impact was calculated in… Read More
In the Media Tag: economic impact
Tucked away in the Medical District near Union Avenue, the University of Tennessee Health Science Center (UTHSC) is in the midst of a building boom.
The University of Tennessee Health Science Center contributed approximately $4 billion to the Tennessee economy in Fiscal Year 2017, according to a study released last month that designed to gauge the university’s total economic impact on the state. The 2017 Economic Impact Report was done by Cyril F. Chang, PhD, professor of economics at the… Read More
The University of Tennessee Health Science Center contributed approximately $4 billion to Tennessee’s economy last year. The main campus in Memphis generated approximately $3 billion, or 74 percent of the total economic impact. The medical college employs more than 23,900 people at its Memphis campus.
The University of Tennessee Health Science Center gave the state a $4 billion shot of economic juice last year, a new study estimates. University officials ordered the study to give taxpayers and legislators a new look at UTHSC’s impact beyond training the professionals who staff scores of health facilities. The study suggests tuition paid by… Read More