... A., and Lewis, J. L. (1995, June). Economic Impact of Northern239 ECONOMIC IMPACT OF HIGHER EDUCATIONIllinois University on the Northern Illinois Region, Parer presetted at the ... impact from the university on the state in this case. This approach doesnot make sense, since in either case the economic impact on the state and, thus, the size of the state's ... state's economy, is the same. After all, the source of the impact is the new job (an expansion of the economic base), not the university's contri-bution to the local skill base.Investment...