Study Shows Public Universities Like UVA Are Major Economic Drivers

Public colleges and universities are vital to Virginia’s economy, accounting for nearly $4 billion in annual state revenue, according to a report issued this week by the Virginia Business Higher Education Council. 

“It’s humbling and exciting to see how UVA operations are put into the context of statewide impact and to reflect on how our institution contributes to this region and all Virginians,” said Jennifer “J.J.” Wagner Davis, UVA’s executive vice president and chief operating officer. “We are grateful for the opportunity to contribute to the wellbeing of our community by providing rewarding careers, a world-class education, outstanding patient care and research that contributes to solving global challenges.”