Document Type

Presentation

Publication Date

7-2025

Research Center

Center for Economic Development

Abstract

The Wizarding World is cloaked in mystery, a secret society of dragons, spells, and broomsticks. Living beyond the ordinary in the back alleys and behind the veil, what are the economic impacts of having one of the few wizarding schools, and how does that compare to the economic impact of the traditional American college? Unlike traditional American Colleges, Wizarding schools do not need to pay for electricity or offer WIFI; however, they still need to purchase food, books, and supplies. The recent increase in liberal arts colleges and universities closing in the United States has significantly impacted the economy. Nortre Dame College in South Euclid, Ohio, shut its doors in 2024. The total local impact was a loss of over 900 jobs and over 80 million in GDP to the Cleveland MSA. This paper utilizes IMPLAN to compare the economic impact of a theoretical wizarding school to that of a traditional American college or university of the same size.

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