Specifications include, but are not limited to: conduct an analysis of Arkansas State University to determine impact and return on investment, as well as provide a set of breakout studies narrowing the focus to specific regions of the state in which the participating institutions are located. In the case of regions bordering state lines, regional studies can cross state boundaries in order to capture true economic impacts representative of students’ settlement patterns. In addition to the college analyses, statewide analysis is to be completed. The statewide analysis will allow the University to: 1) Determine how much income college adds to their respective region; 2) Measure how students increased income affects each respective region; 3) Understand how the region is impacted by student spending; and, 4) Indicate the colleges benefit to social and taxpayer saving due to highly educated and skilled workers.
