“This new report helps to further illustrate and quantify the consequential impact of the CSU on the Golden State,” Chancellor Joseph I. Castro said in a statement. “A return of nearly seven dollars for every dollar invested in the university demonstrates the wisdom of continued bold investment in the university.”but the sheer size of the 23-campus system means that its numbers dwarf those of many of its peers:Nearly half of all bachelor’s degrees awarded in the state come from a Cal State.
In 2018-2019, university spending, including operations, capital and student spending, totaled $17.5 billion. But that sum generated a total of $26.9 billion in “industry activity” — meaning both direct and indirect sales and spending. It also produced $1.6 billion in state and local tax revenue. Alumni who were still working in 2019 earned $70.7 billion more than they would have without their Cal State degrees.At the local level, campuses in Los Angeles and Orange counties spent $5.4 billion in 2019, helping to create 58,000 local jobs and stimulating almost $8 billion in economic activity in the region.
San Diego State had the biggest impact of any single campus, generating more than $2 billion in economic activity locally — including direct spending by the university community on things such as food, housing and retail, as well as indirect spending from stimulating other sectors. The report also described the impact of the Cal State system on specific industries, including business management, education and health — among the most popular fields for graduates — and the contributions of its research activities, supported by $648 million in grants and private funding.
Absolutely nothing wrong with private ones tho like Pepperdine and Uni of La Verne, etc
You need a degree to be a single man?! 🤔🤷🏻♂️😂
A CSU ed is for the real world. Glad to see numbers finally reflecting this and most importantly, jobs for grads!
StingersUp 🤙