The Economic, Social and Cultural Contributions
of Chicago’s Colleges and Universities
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2016 ECONOMIC IMPACT In October 2016, America's Urban Campus (AUC), a consortium of 22 not-for-profit Chicago-area colleges and universities, released an updated study on the publicly available data detailing several characteristics of the member institutions and how Chicago's higher education system impacts the city, further establishing Chicago as a global destination for higher education and post-graduate employment. The updated study, was again conducted by Anderson Economic Group and funded by the AUC institutions. |
2014 ECONOMIC IMPACT
Prior to this study, in November 2014, America’s Urban Campus (AUC), a consortium of then 17 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:
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