New Report on CUNY Alumni Economic Impact
A new report from the CUNY Office of Institutional Research and Assessment highlights the considerable economic impact of CUNY alumni in New York.
Most CUNY alumni remain in New York after graduation, and given that 1.3 million students have earned CUNY degrees since 1966-67, their overall contribution to the state’s workforce is astonishing. In addition, CUNY institutions have a direct, positive impact on the local economy through partnerships with employers, research funding, and challenge grant support for emerging technologies and entrepreneurial programs.
The report also underscores the ways in which CUNY champions equity in higher education. 42% of CUNY undergraduates are the first in their families to go to college, and almost 40% come from households with incomes below $20,000.
The Futures Initiative is proud to be a part of such a thriving community.