• In fiscal year 2022-23,New York’s Independent Sector contributed an estimated $97 billion to the state’s economy.
  • Independent colleges and universities directly employ 196,000 people, which represents 65 percent of all people working at institutions of higher education in the state (196,000 of 302,000). Nearly 90 percent of independent higher education jobs are faculty or professional positions.
  • In total, after accounting for on-campus construction and spillover employment, the sector supported 407,000 jobs throughout New York.

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