A new study gives a very clear picture of ULM’s economic impact on Northeast Louisiana. University President Dr. Carrie Castille says the university generates more than $617 million of annual economic impact.
“$617 million that is basically returned to our economy is a huge deal for us. It just underscores the impact that this university has, not only on the community, but for the entire region,” Castille said.
Dr. Castille says the study by Lightcast showed that ULM supported more than 10,000 jobs across the region.
“Basically, one in every 18 jobs is a result of the impact of the University of Louisiana Monroe,” Castille explained.
Castille says with such a huge economic impact to the region, her objective as ULM president is not only to educate her students, but also to create the jobs in the region so that those who graduate from the university end up settling in the region.
“We want our graduates to invest, go to church, go to the grocery store, have children, eventually future Warhawks, to really reinvest in our economy and be there to be able to support growth,” Castille said.
