An Economic Impact Study and Student Survey

Loop’s Higher Education Sector Generates More than $4 Billion for Chicago Area
Chicago Loop Alliance Study Shows How State’s “Largest College Town” Affects Economy

CHICAGO – Higher education institutions in Chicago’s Loop area generate more than $4 billion in regional economic activity annually, including at least $60 million in student retail purchases, according to the 2009 Higher Education Economic Impact Report and Student Survey Update released today by Chicago Loop Alliance (CLA).

“This report shows that the Loop’s higher education sector is a vital economic engine for the city of Chicago and beyond,” said Ty Tabing, executive director of CLA. “The Loop area is a world-class destination for business and tourism and is also considered Illinois’ largest college town.”

 Higher Education study

 Executive Summary

 Press Release