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Media Coverage

UMass Lowell twice the economic power it was 5 years ago

From the Lowell Sun article:

"UMass Lowell contributes $854 million a year into the regional economy, nearly double the number of only five years ago, according to a new report released Tuesday.

The university's impact includes supporting more than 7,000 jobs -- nearly 2,000 directly, and the remainder in positions that benefit from the school, including construction, transportation, retail and professional services, according to the report, which was presented to the City Council's education partnerships subcommittee.

Chancellor Jacqueline Moloney credited the city, saying the university couldn't have accomplished its progress without the city's own progress and cooperation.

The report, developed by the UMass Donahue Institute, highlighted other rising expenditures and benefits."

Read the entire report here. 

Read article: UMass Lowell twice the economic power it was 5 years ago

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