New York’s Independent Sector: Driving Economic Impact
Powering the State's Economy
- In 2015, the total economic impact of New York State’s Independent Sector of higher education was $79.6 billion, an increase of $5.3 billion (7 percent) from 2013.
- Independent Sector colleges and universities continue to be a major source of jobs across all regions of New York State, fueling employment for 406,300 people both directly and through spillover effects. Total employment in the sector grew by 3 percent between 2013 and 2015.