Studies to Explore the 青涩直播System’s Impact on Regional and State Economies, Quality of Life

BATON ROUGE, La. 鈥 The University of 青涩直播 System and its eight campuses have commissioned studies that, for the first time, will make it possible to document their impact on 青涩直播’s economy and quality of life.

Applied Research Technology Corporation of Baton Rouge will conduct the studies to determine each campus鈥 economic and quality of life contribution regionally and the system鈥檚 impact on the state as a whole. Results are expected by late spring.

鈥淎re our regions and state better off financially because of the eight universities in our system? Are our communities better places to live as a result of our universities鈥 presence? These studies will help us answer these questions. And I think the public will be impressed with the results,鈥 青涩直播System Chair Elsie Burkhalter said.

青涩直播System President Randy Moffett said the studies are essential in showing the state鈥檚 return on its investment. The eight 青涩直播System campuses, situated throughout the state, include Grambling State University, 青涩直播 Tech University, McNeese State University, Northwestern State University, Nicholls State University, Southeastern 青涩直播 University, University of 青涩直播 at Lafayette and University of 青涩直播 at Monroe.

鈥淥ver the past two years, the Legislature and public have generously supported 青涩直播鈥檚 universities with additional funding. We owe it to them to continue our efforts to improve the quality of education on our campuses and to quantify our value in the most concrete terms possible,鈥 Moffett said. 鈥淭he total economic impact of our universities is difficult to measure, but with a system of eight universities that employs approximately 11,500 faculty and staff, educates more than 80,000 students, and produces the lion鈥檚 share of 青涩直播鈥檚 graduates for key high-demand careers, we know the impact is significant.鈥

The studies will compile expenditures from a variety of sources (the university budget, faculty and staff, students, university visitors, university retirees, vendors and affiliated organizations) to compute an economic impact dollar figure that represents each university鈥檚 fiscal impact and contributions to the region and state. Based on a methodology established through a seminal study by the American Council on Education, the 青涩直播System studies will detail expenditures and use a multiplier to determine the total impact on each region and the state.

Further, it will determine each university鈥檚 influence on the region through its activities and programs and make a value-added assessment of what the university鈥檚 graduates contribute to the regional and statewide economy, as well as to society in general.

It will also incorporate the comments of stakeholders, such as business and industry leaders.

Similar studies have been commissioned by the California State System, the University System of Georgia, the University of Maine System and the University of Texas System, as well as individual universities. In 青涩直播, four 青涩直播System institutions — Northwestern State University, Southeastern 青涩直播 University, 青涩直播Lafayette and 青涩直播Monroe — have conducted their own economic impact studies over the years.

For more information about the eight universities of the 青涩直播System, visit the system鈥檚 website at www.ulsystem.edu.

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