Latest News and Comment from Education

Monday, May 10, 2010

CSU says system creates $17 billion for California - Sacramento News - Local and Breaking Sacramento News | Sacramento Bee

CSU says system creates $17 billion for California - Sacramento News - Local and Breaking Sacramento News | Sacramento Bee

CSU says system creates $17 billion for California

In a move designed to advocate for more state funding before Gov. Arnold Schwarzenegger presents his revised state budget on Friday, the California State University released a report this morning detailing the economic impact it has on the state.
The report says CSU creates more than $17 billion in economic activity in California, including job creation on the campuses, reduced unemployment by people who have college degrees and state and local taxes earned by alumni.
"The timing is excellent for us to release this report today," Cal State Chancellor Charles Reed said in a phone call with reporters. "This ought to impact the entire legislature to see that for every $1 they invest in the CSU we