Economic Impact of Independent Colleges and Universities in New York State

Statewide Long Island New York City New York City Layer 25 Long Island Northern New York Layer 20 Hudson Valley Central New York Greater Rochester Western New York Layer 27 Layer 27 Layer 28 Layer 28 Layer 28 Layer 28 Higher education gives the Empire State an economic advantage.

From the smallest liberal arts college to the largest university, our business is teaching and research. And by doing our job, we are helping hundreds of New York State businesses, from the entrepreneur to Fortune 500 companies.

Effect of Expenditures by Independent Colleges
and Universities in New York State

Enrollment:... 466,089
  New Yorkers:... 68 %
  Other States:... 25 %
  International:... 7 %

Degrees Granted:... 130,200
  Undergraduate Degrees Conferred:... 73,667
  Graduate Degrees Conferred:... 56,533

Employment:... 372,800
  Institutional:... 160,200
  Construction:... 19,900
  Indirect/Induced:... 192,700

Payroll: ...$ 17,514,000,000
  Institutional:...$ 8,671,000,000
  Construction:...$ 1,127,000,000
  Indirect/Induced:...$ 7,716,000,000

Institutional Spending: ...$ 43,854,000,000
  Instruction:...$ 6,693,000,000
  Research:...$ 2,410,000,000
  Administration/Ancillary Services and Other:...$ 8,959,000,000
  Construction:...$ 2,087,000,000
  Academic Medical Centers:...$ 3,804,000,000
  Indirect/Induced:...$ 19,901,000,000

Student and Visitor Spending: ...$ 3,605,000,000
  Student:...$ 1,687,000,000
  Visitor:...$ 281,000,000
  Indirect/Induced:...$ 1,637,000,000

Economic Impact of Independant Colleges and Universities
Independent Sector Expenditures :...$ 47,459,000,000