The Economic, Social, and Cultural Contributions of Chicago’s Colleges and Universities
In November 2014, America’s Urban Campus (AUC), a consortium of 17 (now 22)
not-for-profit Chicago-area colleges and universities, released the results of an in-depth study on how Chicago’s higher education system impacts the city, establishing Chicago as a global destination for higher education and post-graduate employment. The study, conducted by Anderson Economic Group, LLC, and funded by The Chicago Community Trust, surveyed Chicago’s AUC colleges to determine how the schools collectively benefit students and faculty, impact the workforce and support local businesses. According to the AUC findings, Chicago is a premiere education hub in the United States and beyond.
Over a nine year period from 2003 to 2012, the number of degrees and certificates awarded by Chicago-area schools increased by 26 percent. Additional impacts include: