|March 6, 2003||A Laboratory Newspaper at Cleveland State University||Vol. 4 No. 14|
Photo by Abbey Barta
CSU generated $254 million and 2,997 jobs for Northeast Ohio, according to the 2001 Economic Impact study researched and published by the Maxine Goodman Levin College of Urban Affairs.
CSU impacts northeast Ohio’s economy
By Abbey Barta
Cleveland State University is a catalyst for economic development and the creation of jobs for Northeast Ohio.
The university generated $254 million and 2,997 jobs for Northeast Ohio, an area comprised of six counties: Cuyahoga, Medina, Geauga, Lake, Lorain and Ashtabula, during the 2001 calendar year, according to the 2001 Economic Impact study researched and published by the Maxine Goodman Levin College of Urban Affairs.
Since the release of the report at the end of November last year, the university has experienced a momentum that continues to build from the media coverage of President Schwartz to the news of the size of the impact of CSU, according to William Spiker, vice president university relations and development.
Broken down, that $254 million impact means $209 million spent by the university on goods and services and payroll, $33 million spent by students from outside the region and $12 million in visitor spending.
Although more than 90 percent of students live in the area before enrolling, 625 students from outside the region also attended CSU in 2001. Their spending on living expenses, direct and indirect, generated $33 million throughout Northeast Ohio, the impact study indicated.
In addition to generating more than $2.5 million in 2001, Cleveland State activities – from daily operations and events to construction and visitor spending – maintain 2,997 jobs in Northeast Ohio, according to the study.
The ripple effect of businesses dealing with the university and paycheck spending by CSU employees was an estimated $120 million. In other words, the study reported, that for every dollar CSU spends, another $1.36 is pumped back into Northeast Ohio’s economy.
The study also evaluated the research conducted by the university and the impact it had for the people and the economy of the area. According to the study, CSU attracted $27.4 million from public and private sector grants for research in 2001. This grant money meant results in medical breakthroughs and assisting companies to make new and better products, the study found.
Some 2,591 students graduated in 2000. Of those, 77 percent accepted professional employment in the Greater Cleveland area. The average annual starting salary for students with a bachelor’s degree was $27,700. Students with a master’s degree started with an average salary of $42,775.
Spiker said the effects of the study will be more long-term than short-term changes in the relationship between the Cleveland area and the university. The study gave CSU and the area a better sense of who the university is in the community, creating an impression. He went on to say that the university is constantly working on creating a positive impression.
Currently, CSU is using the study to make a tangible and scientific point before Ohio legislature. They have received a colorful brochure created to relay the facts of the study in a simple and effective way and will receive a second copy in response to the recent developments of state funding and higher education.
Spiker said the facts of the study are a good tool to show that CSU is not a “fleeting institution, that we are providing a great service and are an economic and social foundation (to the Northeastern Ohio area).”
In addition to the economic impact of the university, the study also highlighted some of CSU’s other esteemed achievements. Six faculty earned Fulbright Scholar awards in 2002, a program that rewards scholars and professionals for their leadership potential with the opportunity to lecture, conduct research, study and observe another culture abroad. That is more than any university in Ohio and places CSU third in the nation for Fulbright Scholars, tied with Columbia University, Cornell University and the University of California-Berkeley. Additionally, CSU students won all four Graduate Student Awards from the Lerner Research Institute at The Cleveland Clinic Foundation in 2002 for significant contributions to research.
U.S. News&World Report ranked the College of Urban Affairs number two in the nation for its city management and urban policy program in 2001.
The Cleveland Stater is a laboratory newspaper put out by students enrolled in classes in the Department of Communication at Cleveland State University.
Editor: Sarah Thomas
On-line Editor: Stacy Pendleton
Advertising: Abbey Barta, Jennifer Boresz, Irina Grinblat, Shawn Whitehouse and Sandra Sowul
Copy Editors: Stacy Pendleton, Sarah Thomas, Abbey Barta, Mica Milojevic and Zvezdana Kubat
Reporters: Abbey Barta, Irina Grinblat, Zvezdana Kubat, Mica Milojevic, Stacy Pendleton, Mike Heben, Jennifer Boresz, Nina Creque, Patricia Ibrahim, Jason Kral, Frank Pieffer, Chris Popa, Sandra Sowul, Bill Ragan and Shawn Whitehouse
Photographers: Abby Barta, Jennifer Boresz, Zvezdana Kubat, Mica Milojevic, Sarah Thomas, Sandra Sowul and Bill Ragan
Adviser: Betty Clapp
For information on the publication or advertising, please contact:
The Cleveland Stater
Department of Communication
Cleveland State University
2001 Euclid Avenue
Cleveland, Ohio 44115
Phone: (216) 687-5094
fax: (216) 687-5588
web page: www.csuohio.edu/clevelandstater
The adviser can be reached at (216) 687-4642 or at email@example.com.
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