Economic Impact Brochure - (Page 17)

C O N T A C T N O T E S 1 I N F O R M A T I O N Theodore F. Byrley, William T. Ganley, and Tae-Hee Jo, Economic Impact Study for Buffalo State College, March 2009. Bruce Katz, “A Blueprint for American Prosperity: Unleashing the Potential of a Metropolitan Nation” (presentation, Brookings Institution, Washington, D.C., November 6, 2007), www.brookings.edu/speeches/2007/1106_blueprint_katz.aspx. U.S. Department of Labor, Bureau of Labor Statistics, Occupational Outlook Handbook, 2008–09 Edition, http://www.bls.gov/OCO. U.S. Small Business Administration, Office of Advocacy, Frequently Asked Questions, http://web.sba.gov/advo/stats/sbfaq.pdf. Average growth rate is defined as 12 percent. U.S. Department of Labor, Bureau of Labor Statistics, Occupational Outlook Handbook, 2008–09 Edition, http://www.bls.gov/OCO. The professional education programs at Buffalo State are accredited by the National Council for Accreditation of Teacher Education, 2010 Massachusetts Avenue, NW, Suite 500, Washington, D.C. 20036, (202) 466-7496. The accreditation includes the initial teacher preparation and advanced levels of professional education offered at the college. Sandy Baum and Jennifer Ma, Education Pays: The Benefits of Higher Education for Individuals and Society, College Board, Washington, D.C., 2007, http://www.collegeboard.com/prod_downloads/about/news_info/trends/ed_pays_2007.pdf. Independent Sector, Value of Volunteer Time, Dollar Value of a Volunteer Hour, by State: 2007, New York: $28.04, http://www.independentsector.org/programs/research/volunteer_time.html. Marian Deutschman, ed., Connections: 2008 Annual Report of the Office of College and Community Partnerships at Buffalo State College, http://www.buffalostate.edu/partnerships/documents/annualreport1ccp08.pdf. Theodore F. Byrley, William T. Ganley, and Tae-Hee Jo, Economic Impact Study for Buffalo State College, March 2009. Includes faculty, staff, students. Assumes 40-year work/career term. Assumes 40-year work/career term. U.S. Department of Commerce, U.S. Census Bureau, Jennifer Cheeseman Day and Eric C. Newburger, The Big Payoff: Educational Attainment and Synthetic Estimates of Work-Life Earnings, July 2002, http://www.census.gov/prod/2002pubs/p23-210.pdf Theodore F. Byrley, William T. Ganley, and Tae-Hee Jo, Economic Impact Study for Buffalo State College, March 2009. Figure includes the estimated direct effect of income attained from a college degree plus the indirect effects of this income as it circulates within the economy. Theodore F. Byrley, William T. Ganley, and Tae-Hee Jo, Economic Impact Study for Buffalo State College, March 2009. Ibid. Figure does not include student employees. Includes Barnes & Noble at Buffalo State Bookstore, Burchfield Penney Art Center, Research Foundation at Buffalo State College, Small Business Development Center, yearly construction jobs, and student employees. Total student enrollment in 2008 was 11,234. Theodore F. Byrley, William T. Ganley, and Tae-Hee Jo, Economic Impact Study for Buffalo State College, March 2009. June 2009 Produced by the College Relations Office, 0809-54. Special thanks to the Buffalo State College Economics and Finance Department and Theodore F. Byrley, Ph.D., chair and associate professor; William T. Ganley, Ph.D., professor; and Tae-Hee Jo, Ph.D., assistant professor, for their economic impact study, which informs this report. Their study was based on information supplied by a survey of student expenditures as well as data from the Barnes & Noble at Buffalo State Bookstore, the Burchfield Penney Art Center, the Finance and Management Office, the Research Foundation at Buffalo State College, and the Small Business Development Center. The results were obtained using economic multipliers from IMPLAN and RIMMS II models. The RIMMS II model is a product of the U.S. Bureau of Economic Analysis. 2 3 4 5 6 7 General Information Buffalo State College Foundation Career Development Center College and Community Partnerships Office President’s Office Research Foundation at Buffalo State College Small Business Development Center Volunteer and Service-Learning Center (716) 878-4000 (716) 878-4324 (716) 878-5811 (716) 878-4132 (716) 878-4101 (716) 878-6700 (716) 878-4030 (716) 878-5811 8 9 10 11 12 13 14 15 16 17 18 19 20  http://www.brookings.edu/speeches/2007/1106_blueprint_katz.aspx http://www.bls.gov/OCO http://web.sba.gov/advo/stats/sbfaq.pdf http://www.bls.gov/OCO http://www.collegeboard.com/prod_downloads/about/news_info/trends/ed_pays_2007.pdf http://www.independentsector.org/programs/research/volunteer_time.html http://www.buffalostate.edu/partnerships/documents/annualreport1ccp08.pdf http://www.census.gov/prod/2002pubs/p23-210.pdf

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Economic Impact Brochure

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