$80 Billion in Economic Activity at Private, Not-for-Profit Colleges and Universities

Powering the State's Economy


  • Private, not-for-profit colleges and universities in New York State have a powerful economic impact through three main areas: institutional ($60.0 billion), student and visitor ($4.6 billion), and academic medical centers ($15.0 billion).[1]

[1] 2015 Economic Impact of New York State’s Independent Sector of Higher Education, prepared by the Center for Governmental Research (www.cgr.org) for the Commission on Independent Colleges and Universities (www.cicu.org)