Working for California: The Impact of the California State University Economic Impact Study 2010.
-
Upload
shonda-barnett -
Category
Documents
-
view
216 -
download
0
Transcript of Working for California: The Impact of the California State University Economic Impact Study 2010.
![Page 1: Working for California: The Impact of the California State University Economic Impact Study 2010.](https://reader036.fdocuments.in/reader036/viewer/2022062516/56649da65503460f94a925e9/html5/thumbnails/1.jpg)
Working for California:The Impact of the
California State University
Economic Impact Study 2010
![Page 2: Working for California: The Impact of the California State University Economic Impact Study 2010.](https://reader036.fdocuments.in/reader036/viewer/2022062516/56649da65503460f94a925e9/html5/thumbnails/2.jpg)
Overview of the CSU’s Impact Assessment
• Updating the assessment conducted in 2004.
• Measures fiscal and qualitative impacts of the CSU on regions and state.
• Identifies CSU’s contributions to educational access, workforce preparation, sustainability, and research/innovation.
2
![Page 3: Working for California: The Impact of the California State University Economic Impact Study 2010.](https://reader036.fdocuments.in/reader036/viewer/2022062516/56649da65503460f94a925e9/html5/thumbnails/3.jpg)
The Magnitude of the CSU's Economic Impact
CSU is an Economic Engine:
• University expenditures almost $8 billion.
• CSU-related spending generates more than $17 billion annually in
economic activity.
• CSU’s direct spending generates $995 million in annual taxes for state and local governments, giving back more than the state’s annual investment in the CSU.
3
![Page 4: Working for California: The Impact of the California State University Economic Impact Study 2010.](https://reader036.fdocuments.in/reader036/viewer/2022062516/56649da65503460f94a925e9/html5/thumbnails/4.jpg)
The State’s Return on Investment
• CSU-related expenditures create a return on investment of $5.43 for every $1 the state invests.
• Higher alumni earnings and CSU expenditures together provide a return of over $23 for every $1 the state invests.
4
![Page 5: Working for California: The Impact of the California State University Economic Impact Study 2010.](https://reader036.fdocuments.in/reader036/viewer/2022062516/56649da65503460f94a925e9/html5/thumbnails/5.jpg)
CSU Supports Employment Across California
• Job Creation – CSU-related expenditures support over 150,000 jobs annually in
California.
– With higher alumni earnings, CSU supports roughly 485,000 jobs statewide annually.
• Reduced Unemployment – A four-year college degree reduces the likelihood that a Californian
is unemployed. California’s unemployment rate for workers with only a high-school degree is almost 14 percent compared to just over 6 percent for four-year degree holders.
5
![Page 6: Working for California: The Impact of the California State University Economic Impact Study 2010.](https://reader036.fdocuments.in/reader036/viewer/2022062516/56649da65503460f94a925e9/html5/thumbnails/6.jpg)
In 2006-07, the CSU Awarded:
• 71,000 bachelor’s degrees, half of all the bachelor’s degrees statewide.
• 18,000 master’s degrees, one-third of all the master’s degrees statewide.
CSU Serves the Needs of California’s Workforce
6
![Page 7: Working for California: The Impact of the California State University Economic Impact Study 2010.](https://reader036.fdocuments.in/reader036/viewer/2022062516/56649da65503460f94a925e9/html5/thumbnails/7.jpg)
CSU Awards the Most Degrees inFields Key Industries Rely OnPercentage of California Bachelor’s Degrees Awarded by the CSU, 2007
7
![Page 8: Working for California: The Impact of the California State University Economic Impact Study 2010.](https://reader036.fdocuments.in/reader036/viewer/2022062516/56649da65503460f94a925e9/html5/thumbnails/8.jpg)
Building the Future Generation: Educating TeachersNewly Issued California Teaching Credentials by University, 2007-08
8
![Page 9: Working for California: The Impact of the California State University Economic Impact Study 2010.](https://reader036.fdocuments.in/reader036/viewer/2022062516/56649da65503460f94a925e9/html5/thumbnails/9.jpg)
CSU is also the Largest Producer of California Graduates in Public Service OccupationsPercentage of California Bachelor’s Degrees Awarded by the CSU, 2007
9
![Page 10: Working for California: The Impact of the California State University Economic Impact Study 2010.](https://reader036.fdocuments.in/reader036/viewer/2022062516/56649da65503460f94a925e9/html5/thumbnails/10.jpg)
CSU Bachelor’s Degree Recipients as a Percentage of All California Public and
Private University Bachelor’s Recipients, 2006-07
Making Higher Education Accessible
10
![Page 11: Working for California: The Impact of the California State University Economic Impact Study 2010.](https://reader036.fdocuments.in/reader036/viewer/2022062516/56649da65503460f94a925e9/html5/thumbnails/11.jpg)
CSU on Sustainability and Research/Innovation
• Increased course offerings in sustainability and Green Business Certificate programs.
• Recognized in Top 20 list of largest national green power purchasers by EPA.
• 33 LEED™ certified/to-be-certified projects across 16 campuses and multiple solar-powered generation systems.
• Applied research in key California industries including agriculture, biotechnology, information technology and other fields.
• Research and project-sponsored expenditures amount to over half a billion dollars and employed 6,000 students in FY 2007-08.
11
![Page 12: Working for California: The Impact of the California State University Economic Impact Study 2010.](https://reader036.fdocuments.in/reader036/viewer/2022062516/56649da65503460f94a925e9/html5/thumbnails/12.jpg)
Conclusion: Investing in the CSU is Investingin California
• California reaps a five-fold benefit from every dollar the state invests in the CSU.
• The CSU sustains over 150,000 jobs in California annually, and by providing education to those that would otherwise not have access, decreases statewide unemployment.
• The CSU ensures California’s future prosperity by educating the state’s students for knowledge-based industries, public sector occupations, and the green workforce.
12