LSU may be in Baton Rouge, but its impact brings hefty benefits to Ascension Parish.
According to a study by the Economics & Policy Research Group at LSU’s E.J. Ourso College of Business, the university’s economic impact on the parish is $121,970,344.
Released in February, the study is the first to calculate economic impact of LSU’s eight campuses — LSU, the LSU AgCenter, Pennington Biomedical Research Center, LSU-Alexandria, LSU-Eunice, LSU-Shreveport and the LSU Health Sciences Centers in Shreveport and New Orleans — at the parish level, a news release said. LSU’s statewide impact totals $5.1 billion.
“This study demonstrates that LSU is found in every parish of our state, helping to solve the biggest challenges we face in Louisiana,” LSU President F. King Alexander said. “Through education and research, we are creating the economy of tomorrow by improving today’s quality of life.”
LSU athletics were not factored into the study.