A New Study From Magnum Economics For The Council Of Independent Colleges In Virginia Shows 27 Private Colleges And Universities In The Commonwealth Made A More Than 4-Billion Dollar Economic Impact On The State Last Year. For Every 43-Dollars Invested By The Tuition Assistance Grant Program, The State And Local Tax Return Is 78-Dollars. Included In The Study Are, Emory & Henry College, Appalachian School Of Law, Appalachian College Of Pharmacy, And Bluefield University.