UH releases economic impact report

Money

The University of Hawaii system offers much more than higher learning.

According to a study released Tuesday by the University of Hawaii Economic Research Organization, UH-related spending last fiscal year was more than $2 billion.

Of that money, $1.8 billion was spent locally and contributed to Hawaii’s economy.

“We are actually seeing fairly broad and rapid growth certainly relative to where we were in and UH is part of that and we are contributing to that,” UH economist Carl Bonham said.

Bonham says spending is up because tuition is higher, students are spending more, and research dollars have increased.

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