LUBBOCK, TX (KCBD) - Texas Tech University is setting a lot of records this year.
After drawing record attendance for the last few football games, the university announced another year of record student enrollment on Tuesday.
Texas Tech University officials report that 33,111 students are in enrolled fall classes this year.
In a Tuesday press release, Chancellor Kent Hance said, "For the first time in our history, Texas Tech University is enrolling more than 33,000 Red Raiders."
But these numbers aren't just good news for Texas Tech.
Eddie McBride, President and CEO of the Lubbock Chamber of Commerce, says more students at Texas Tech means more money flowing back into the community.
"You have to hire wait staff at the restaurants, you have to hire people who sell stuff at the retail centers... It's a very positive economic cycle," McBride said.
The University has reported record enrollment figures for five years straight. This represents a nearly 16 percent increase over the last decade.
"If just those 600 and something students were to spend $2,500 a year, this year through next year, that's going to be almost $1.5 to $2 million impact just from their spending," McBride said.
With all this cash flowing into the Lubbock economy, KCBD hit the streets to see where Lubbock citizens would like to see the money go.
"Definitely more arts and festivities and things for younger kids to do," said one woman.
"If you're local and thinking about opening up a restaurant or a little knick knack shop, go for it, that's what we really enjoy," another man said.
However, not everyone is excited about this expansion.
"I like Lubbock being a smaller community like how it used to be rather than growing and more traffic," another man said.
The university says this growth should keep it on path to reach its goal of 40,000 students by the year 2020.