UW Bothell's Economic Impact = $191 Million
FOR IMMEDIATE RELEASE
Wednesday, August 11, 2010
CONTACT: Richard Penny, (425) 352-3395, RPenny@uwb.edu
BOTHELL, Wash. – The University of Washington recently released an economic impact report which measured the economic, employment and government revenue impacts of operations and research at the Seattle, Tacoma and Bothell campuses.
The report shows that overall the University of Washington makes tremendous contribution to the state’s economy, over $9 billion.
Specifically, UW Bothell’s economic impact to the state’s economy is $191 million, which includes a direct impact of $83 million and indirect impact of $108 million though expenditures, government revenues, the employment of faculty and staff and personal incomes of residents.
UW Bothell currently provides programs in Bothell, Bellevue, Everett and Mount Vernon. Its student population comes from around the Puget Sound with 64% coming from King County and 30% from Snohomish County.
Additionally, more than 7,000 UW Bothell alumni live and work in King and Snohomish Counties.
Says UW President Mark Emmert, “By educating smart people and generating great ideas, the UW will play a crucial role in helping Washington State recover and build a global economy in the post-Great Recession era.”
UW Bothell looks forward to continuing its work in the King and Snohomish Counties and to expanding access to quality higher education.
View the full report here.
About UW Bothell: The University of Washington Bothell combines the benefits of a small campus with the resources and prestige of a world-renowned university. Offering over 30 degrees, options, certificates and concentrations, its curriculum emphasizes close student-faculty interaction, collaboration among students, and hands-on learning. UW Bothell celebrates its 20th year of operation during the 2009-10 academic year with the opening of student housing, an access ramp connecting the campus to SR522, and new degrees including a Master of Computing and Software Systems (MSCSS), and a Leadership Master of Business Administration (LMBA) at the Eastside Leadership Center in Bellevue, WA.