Operations Spending

• CSU employed 672 full-time and part-time faculty and staff (excluding research employees). Payroll amounted to $73.4 million (excluding payroll from research employees), much of which was spent in the state for groceries, mortgage and rent payments, dining out, and other household expenses. 的 university spent another $19.800万年 on day-to-day expenses related to facilities, supplies, and professional services (excluding research 支出).
• 的 net impact of the university’s operations spending added $85.2 million in income to the state economy in 财政年度(FY) 2018-19.

研究 支出的影响

• 研究 activities at CSU impacted the state economy by employing people and making purchases for equipment, supplies, and services. In FY 2018-19, CSU spent $3.100万年 工资和7美元.800万年 on other expenses to support research activities.
• CSU’s research spending 生成的14美元.500万年 in added income for the Illinois economy 在2018-19财年

Student 支出的影响

• Around 8% of students who attended CSU originated from outside the state. 一些 these students relocated to Illinois. In addition, some in-state 学生们会 have left Illinois for other educational opportunities if not for CSU. 
• 的 spending from students outside of Illinois generated $6.7 million in added income for the state economy.

Student Perspecitve

• CSU’s FY 2018-19 students paid a present value of $23 million to cover the cost of tuition, fees, supplies, and interest on student loans. 的y also forwent $34.800万年 in money that they would have earned had they been working instead of attending college.
• In return for their investment, students received $28800万年 in increased earnings over their working lives. This translates to 5美元的回报.00 in higher future earnings for every dollar students invest in their education. Students’ average annual rate of return is 24.3%.

Taxpayer Perspective

• CSU generates more tax revenue than it takes. Taxpayers provided CSU with $40.2 million of funding 在2018-19财年. 作为回报，他们 benefited from added tax revenue, stemming from students’ higher lifetime earnings and increased business output, amounting to $103.500万年. A reduced demand for government-funded services in Illinois adds another $15.800万年 in benefits to taxpayers.
• For every dollar of public money invested in CSU, taxpayers receive $3.回报00英镑, over the course of students’ working lives. 的 average annual rate of return for 纳税人11岁.9%.

Social Perspective

• For every dollar invested in CSU 在2018-19财年, people in Illinois will receive $7.10 作为回报, for as long as CSU’s FY 2018-19 students remain active in the state workforce. 

的 results of this study demonstrate that CSU created value from multiple perspectives. 

• 业务: 的 university benefits state businesses by increasing consumer spending in the state and supplying a steady flow of qualified, trained workers to the workforce. 
• 学生: CSU enriches the lives of students by raising their lifetime earnings and helping them achieve their individual potential. 
• 纳税人: 的 university benefits state and local taxpayers through increased tax receipts and a reduced demand for government-supported social services. 
• 全州范围内: CSU benefits society as a whole in Illinois by creating a more prosperous economy and generating a variety of savings through the improved lifestyles of students.