The Economic Benefits of Higher Education Institutions in the Dallas‑Fort Worth Area | The Perryman Group

The Economic Benefits of Higher Education Institutions in the Dallas‑Fort Worth Area

Published on December 02, 2024
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Higher education is beneficial from individual, economic, and societal perspectives. Educational attainment is linked to greater opportunities, higher income, and a lower probability of unemployment. In addition, a trained workforce is essential to growth in any economy. In the current environment of growing complexity in business operations of virtually all types, quality education is increasingly important. It is no exaggeration to say that the availability of quality workers is the currency of future prosperity.

In an increasingly complex economy, higher education can open doors to quality jobs for individuals while enhancing the workforce and competitiveness of the region. Research discoveries can improve health and wellbeing. For these and other reasons, higher education is crucial to ongoing prosperity and progress and an essential catalyst to the dynamic North Central Texas region.

For more details please refer to the full report.