{"id":4141,"date":"2022-04-06T15:08:35","date_gmt":"2022-04-06T19:08:35","guid":{"rendered":"http:\/\/149.4.100.129\/ab\/?page_id=4141"},"modified":"2023-07-29T15:22:29","modified_gmt":"2023-07-29T19:22:29","slug":"the-economic-value-of-qc","status":"publish","type":"page","link":"https:\/\/www.qc.cuny.edu\/ab\/the-economic-value-of-qc\/","title":{"rendered":"\u200bThe Economic Value of QC"},"content":{"rendered":"

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QC enhances both the lives of its students and the regional economy. The college supports a variety of industries in the New York City metropolitan area, serves regional businesses, and\u2014by generating economic activity and improving the overall quality of life\u2014advances the society of New York. The benefits created by QC even extend to the state and local government through increased tax revenues and public-sector savings.<\/p>\n

This study by Emsi–an independent labor market analytics firm and leading provider of economic impact studies to international educational institutions–measures QC\u2019s economic impacts on the business community and the benefits the college generates in return for the investments made by its key stakeholder groups: students, alumni, taxpayers, and society. Using a two-pronged approach that involves an economic impact analysis and an investment analysis, this study calculates the benefits received by each of these groups. Results of the analysis reflect fiscal year (FY) 2017-18.<\/p>\n

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The Economic Value of ºÚÁÏרÇø
Main Report (PDF)<\/p>\n

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$1.8 billion<\/strong>
(2017-2018)
TOTAL IMPACT<\/p>\n

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16,862<\/strong>
JOBS SUPPORTED<\/p>\n

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$276.1 MILLION
Operations Spending Impact<\/p>\n

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$11 MILLION
Research Spending Impact<\/p>\n

[\/et_pb_text][\/et_pb_column][et_pb_column type=”1_4″ _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_icon font_icon=”||fa||900″ icon_color=”#E71939″ icon_width=”50px” _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_icon][et_pb_text _builder_version=”4.21.0″ _module_preset=”default” text_text_color=”#E71939″ text_font_size=”18px” text_orientation=”center” global_colors_info=”{}”]<\/p>\n

$3.0 MILLION
Capital Spending Impact<\/p>\n

[\/et_pb_text][\/et_pb_column][et_pb_column type=”1_4″ _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_icon font_icon=”||fa||900″ icon_color=”#E71939″ icon_width=”50px” _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_icon][et_pb_text _builder_version=”4.21.0″ _module_preset=”default” text_text_color=”#E71939″ text_font_size=”18px” text_orientation=”center” global_colors_info=”{}”]<\/p>\n

$35.8 MILLION
Start-up & Spin-off Company Impact<\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_3,1_3,1_3″ _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”1_3″ _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_icon font_icon=”||fa||900″ icon_color=”#E71939″ icon_width=”50px” _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_icon][et_pb_text _builder_version=”4.21.0″ _module_preset=”default” text_text_color=”#E71939″ text_font_size=”18px” text_orientation=”center” global_colors_info=”{}”]<\/p>\n

$1.8 MILLION
Visitor Spending Impact<\/p>\n

[\/et_pb_text][\/et_pb_column][et_pb_column type=”1_3″ _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_icon font_icon=”||divi||400″ icon_color=”#E71939″ icon_width=”50px” _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_icon][et_pb_text _builder_version=”4.21.0″ _module_preset=”default” text_text_color=”#E71939″ text_font_size=”18px” text_orientation=”center” global_colors_info=”{}”]<\/p>\n

$23.1 MILLION
Student Spending Impact<\/p>\n

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$1.5 BILLION
Alumni Impact<\/p>\n

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QC enhances both the lives of its students and the regional economy. The college supports a variety of industries in the New York City metropolitan area, serves regional businesses, and\u2014by generating economic activity and improving the overall quality of life\u2014advances the society of New York. The benefits created by QC even extend to the state […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false,"footnotes":""},"page_category":[],"wf_page_folders":[],"class_list":["post-4141","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.qc.cuny.edu\/ab\/wp-json\/wp\/v2\/pages\/4141","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.qc.cuny.edu\/ab\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.qc.cuny.edu\/ab\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.qc.cuny.edu\/ab\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.qc.cuny.edu\/ab\/wp-json\/wp\/v2\/comments?post=4141"}],"version-history":[{"count":19,"href":"https:\/\/www.qc.cuny.edu\/ab\/wp-json\/wp\/v2\/pages\/4141\/revisions"}],"predecessor-version":[{"id":4728,"href":"https:\/\/www.qc.cuny.edu\/ab\/wp-json\/wp\/v2\/pages\/4141\/revisions\/4728"}],"wp:attachment":[{"href":"https:\/\/www.qc.cuny.edu\/ab\/wp-json\/wp\/v2\/media?parent=4141"}],"wp:term":[{"taxonomy":"page_category","embeddable":true,"href":"https:\/\/www.qc.cuny.edu\/ab\/wp-json\/wp\/v2\/page_category?post=4141"},{"taxonomy":"wf_page_folders","embeddable":true,"href":"https:\/\/www.qc.cuny.edu\/ab\/wp-json\/wp\/v2\/wf_page_folders?post=4141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}