April 05, 2019
Report: Sacred Heart University Plays Key Role in Region's Economic Vitality
According to a recently released biennial Economic Impact Study examining the role of Connecticut’s private colleges and universities, Sacred Heart University (SHU) has a significant impact on the local and regional economies. Total direct spending by the University is in excess of $1.4 billion; direct spending by students accounts for over $99 million; and University visitors spend at least $1.6 million annually in the area. Overall, the University’s estimated total economic impact is $2.3 billion. What’s more, 17,121 jobs have been created to support this population and the University.