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Study: CSU Supports State Economy, Jobs
A new study shows the California State University system, which includes HSU, is an economic engine critical to the recovery of the state. California directly benefits from CSU-related spending that generates nearly $1 billion in state and local taxes annually. For every $1 invested by the state, the CSU generates $5.43 for California's economy.
This information comes from a study titled "Working for California: The Impact of the California State University System."
The CSU system has dealt with over $625 million in state budget cuts over the past two years. This study shows that California cannot continue to afford further cuts that would limit the CSU's ability to prepare new graduates.
The CSU provides much needed revenue for California's economy through its graduates, accounting for nearly 5 million jobs statewide. Additionally CSU educates:
In California's North Coast region, Humboldt State University has a $190 million annual economic impact, which sustains more than 2,300 local jobs. During the last year, HSU graduated 2,100 students, and it is now among the top 50 public universities nationwide for sending students on to earn doctorates in the sciences and engineering.
As the nation's largest and most diverse university system, the CSU graduates nearly 92,000 individuals each year – nearly half of all the bachelor's degrees awarded by all public and private universities in the state. As such, access and funding are critical so that the CSU can help California recover.
For more information and details about the study's findings visit the CSU impact website