CU-Boulder: International Students Have $48.3M Impact On City

Monday, November 26, 2012

Madeleine Jochum showed up for her freshman year of college in the United States with everything she owned packed in one suitcase and a carry-on.

Once here, the University of Colorado psychology and pre-nursing student from Germany made several purchases -- including all new bedding to fit her wider American bed -- and pumped hundreds of dollars into the local economy.

"I sold everything I had at home, and with that money I came here and bought everything new," Jochum said. "I was pretty much starting a new chapter in my life."

International students at CU collectively have an annual $48.9 million impact on the city of Boulder, said Larry Bell, director of international education. Additionally, the 37 foreign students at Naropa University funneled $997,000 into the city, according to a new study from NAFSA: Association of International Educators.

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