National Association of Independent Colleges and Universities

Impact of independent, nonprofit colleges and universities in Massachusetts stands at $71B

Retrieved on: 
Thursday, March 30, 2023
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BELMONT, Mass., March 30, 2023 /PRNewswire-PRWeb/ -- The Association of Independent Colleges and Universities of Massachusetts (AICU Mass), which represents fifty-nine independent, nonprofit colleges and universities across the Commonwealth, today released an economic impact study that demonstrates the statewide annual impact in Massachusetts of its members at $71.1B.

Key Points: 
  • BELMONT, Mass., March 30, 2023 /PRNewswire-PRWeb/ -- The Association of Independent Colleges and Universities of Massachusetts (AICU Mass), which represents fifty-nine independent, nonprofit colleges and universities across the Commonwealth, today released an economic impact study that demonstrates the statewide annual impact in Massachusetts of its members at $71.1B.
  • "This Economic Impact Study puts that into hard numbers that quantify just how crucial.
  • In western Massachusetts, where there are 11 AICU Mass institutions, the economic impact stands at $3.3B supporting 19,400 jobs.
  • The study details the impact of AICU Mass members in four categories: Operations; capital spending; student and visitor spending; and the alumni wage premium.

Impact of independent, nonprofit colleges and universities in Massachusetts stands at $71B annually

Retrieved on: 
Thursday, March 30, 2023
Workforce, Maintenance, Music, McCarron, Education, Nursing, University, National Association of Independent Colleges and Universities, Greater Boston, Research, Associate, School, Student, Work, Investment, Capital, ESI, STEM, Weather, Ecosystem, Suffolk University, Creative industries, Health insurance, Tutoring, Tourism, Commonwealth

BELMONT, Mass., March 30, 2023 /PRNewswire/ -- The Association of Independent Colleges and Universities of Massachusetts (AICU Mass), which represents fifty-nine independent, nonprofit colleges and universities across the Commonwealth, today released an economic impact study that demonstrates the statewide annual impact in Massachusetts of its members at $71.1B.

Key Points: 
  • BELMONT, Mass., March 30, 2023 /PRNewswire/ -- The Association of Independent Colleges and Universities of Massachusetts (AICU Mass), which represents fifty-nine independent, nonprofit colleges and universities across the Commonwealth, today released an economic impact study that demonstrates the statewide annual impact in Massachusetts of its members at $71.1B.
  • "This Economic Impact Study puts that into hard numbers that quantify just how crucial.
  • Taken together, they are one of the most important anchors of our robust and vibrant knowledge-based economy."
  • "This report should serve as a critical reminder of the tremendous impact of the private colleges and universities in the state, not just those detailed in the report, but those less quantifiable, added McCarron.

Trailblazing Mary Baldwin President Pamela R. Fox Announces Retirement After 20 Years of Dedicated Service

Retrieved on: 
Monday, August 22, 2022
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STAUNTON, Va., Aug. 22, 2022 /PRNewswire/ -- Mary Baldwin University (MBU) President Pamela Fox announced today she will retire as the university's ninth president on June 30, 2023, after two decades of trailblazing vision and action.

Key Points: 
  • STAUNTON, Va., Aug. 22, 2022 /PRNewswire/ -- Mary Baldwin University (MBU) President Pamela Fox announced today she will retire as the university's ninth president on June 30, 2023, after two decades of trailblazing vision and action.
  • Brought to Mary Baldwin and Staunton the Heifetz International Music Institute, a famed summer training program for exceptional young string musicians.
  • "Pamela has been such a leader, and while the Mary Baldwin of today looks quite different from that of 20 years ago, she has safeguarded its mission and spirit."
  • Founded in 1842, Mary Baldwin University is a small, private university with a broad range of undergraduate and graduate degree programs.

National Survey Shows Strong, Bipartisan Support for the Federal Pell Grant Program

Retrieved on: 
Wednesday, December 8, 2021
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The findings show evidence of the public's support for the eligibility and access the Pell Grant provides, which would increase if the program, approaching its 50th year next June, was expanded.

Key Points: 
  • The findings show evidence of the public's support for the eligibility and access the Pell Grant provides, which would increase if the program, approaching its 50th year next June, was expanded.
  • Sixty-eight percent (68%) of White college graduates and 69% of graduates of color support Pell, while 62% of White non-college graduates and 66% of non-college graduates of color support the program.
  • 42% of voters have either received a Pell Grant themselves or have a member of their immediate family member who received a Pell Grant.
  • This survey shows Americans are supportive of doubling the Pell Grant and expanding its reach."

Private, Nonprofit Colleges and Universities Generate Over $590 Billion in Economic Impact Nationwide

Retrieved on: 
Wednesday, April 28, 2021
National Association of Independent Colleges and Universities, Rochester Institute of Technology

In fact, America\'s private, nonprofit colleges and universities are a vital economic engine to the nation, generating $591.5 billion in economic impact in 2018-19, according to the findings of first-of-its-kind national report released today by the National Association of Independent Colleges and Universities (NAICU).\nThe report, Private, Nonprofit Higher Education: Shaping Lives and Anchoring Communities ( https://naicu.edu/ImpactSurvey2021.pdf ) tells the story of the economic, social and cultural vitality that private, nonprofit colleges and universities add to communities, regions and the nation.

Key Points: 
  • In fact, America\'s private, nonprofit colleges and universities are a vital economic engine to the nation, generating $591.5 billion in economic impact in 2018-19, according to the findings of first-of-its-kind national report released today by the National Association of Independent Colleges and Universities (NAICU).\nThe report, Private, Nonprofit Higher Education: Shaping Lives and Anchoring Communities ( https://naicu.edu/ImpactSurvey2021.pdf ) tells the story of the economic, social and cultural vitality that private, nonprofit colleges and universities add to communities, regions and the nation.
  • "Rural, suburban and urban communities throughout the country benefit from the volunteer and philanthropic spirit embodied at many private, nonprofit colleges and universities.
  • This spirit of giving back is rooted in the founding missions of private, nonprofit colleges and universities.
  • "The diversity of individual colleges and universities and their students help build community economic strength.