Employee-Paid Taxes Exceed $2 Billion for Private, Not-for-Profit Colleges and Universities

News Date: 4/12/2017

• Campus and spillover jobs generated by Independent Sector colleges and universities carry a payroll impact of $28.1 billion across New York State.
• These employees pay $1.6 billion in personal income taxes and contribute $439 million in state and local sales taxes through their spending on goods and services.

Source: 2015 Economic Impact of New York State’s Independent Sector of Higher Education, prepared by the Center for Governmental Research for the Commission on Independent Colleges and Universities.