photo by Nancy L.. Ford courtesy of Hamilton College
photo by Nancy L.. Ford courtesy of Hamilton College
loading...

Hamilton College had a $307 million economic impact in the Mohawk Valley in 2012-2013.

That's according to a study released by the Albany-based Commission on Independent Colleges and Universities

The figure includes direct spending by the college for wages and benefits, instruction and operating and maintaining the physical plant.

“Hamilton College has a sizable economic impact in the Village of Clinton and the Mohawk Valley,” said Vice President for Administration and Finance Karen Leach. “In addition to the spending by our employees and visitors, the college strives to patronize local businesses and hire local contractors and laborers.”

 

Hamilton College employs 840 people.

The study, conducted by the Center For Governmental Research in Rochester, shows New York's independent colleges and universities contributed over 74-billion dollars to the state's economy in 2013.

More From WIBX 950