According to UAlbany, it contributes $1.1 billion to the local economy.
The Capital District Regional Planning Commission conducted the study.
This comprises operating implications of $813 million and construction-related impacts of $211.7 million.
According to the report, UAlbany students spend almost $80 million on community expenses.
Additionally, according to the research, the school supports over 8,000 jobs in the Capital Region.
UAlbany 2024 Economic Impact Analysis 12.10.24Download