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AGENCY TESTIMONY
CUNY's substantial economic impact on New York City and State
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CUNY graduates significantly contribute to New York City's economy and workforce. The speaker highlights the economic benefits of investing in CUNY education.
- Over 80% of CUNY's 50,000 annual graduates stay in the city
- CUNY alumni in New York generate approximately $70 billion in annual earnings
- Each taxpayer dollar invested in CUNY yields a return of at least $15 for New York State
Alicia Alvero
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You invest in CUNY because you understand the value we bring to each community in the five boroughs.
0:07:01
Each year, over 80% of our 50,000 graduates choose to stay in the city, enriching every sector of the workforce and fostering economic and civic growth that benefits the city and state.
0:07:14
CUNY alumni in New York generate approximately $70,000,000,000 in annual earnings and contribute nearly 5% to the state's GDP.
0:07:24
Moreover, when considering their enhanced future earnings and the tax revenues they generate, Each taxpayer dollar invested in CUNY yields a return of at least $15 for New York State.
0:07:36
Over the past year, CUNY has continued to earn recognition for its unwavering commitment to academic opportunity, affordability, and excellence and its role as a nation's most potent engine of upward economic and social mobility.