Study says GVSU students, school boost region's economy by $592M

Grand Valley State University draws thousands of students, faculty and administration to its campuses and surrounding businesses, infusing the local economy with hundreds of millions of dollars each year, one purchase at a time. That impact is on the upswing with record enrollment bringing more students, and a corresponding increase in faculty, to the region.

According to excerpts from the story:

GRAND RAPIDS -- Coffee and snack food may not be the best thing for a college student to fuel a young person's appetite, but Grand Valley State University students' buying habits go a long way toward fueling the West Michigan economy. As Christian Goedel sipped coffee from a 20-ounce cup at The Bitter End and marveled at how The Bitter End makes ends meet.

The 23-year-old Grand Valley State University business major paid $2.25 for a 20-ounce cup of fair trade coffee at the 24/7 shop, a few blocks west of campus on West Fulton Street. "Knowing how hard this economy is on all businesses, you wonder how they can afford to operate around the clock," said Goedel, a senior from Sebewaing.

What Goedel did not factor in was how much business he and other Grand Valley students and staff -- not to mention GVSU itself -- infuse into the region's economy. Bottom line: It's not pocket change.

Read the complete story here.

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