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Colorado State University Global has received the results of an economic impact study conducted by Economic Modeling Specialists International (Emsi).
Data from the study shows that CSU Global’s activity generates significant benefits to multiple stakeholders, with a present value benefit of $394.1 million to students, $335.1 million to taxpayers, and $1.2 billion to society as a whole.
Student benefits are derived from increased earnings over their working life. Taxpayers gain from the added tax revenue from the students’ higher lifetime earnings and increased business output. Social benefits include reduced crime, welfare, and unemployment, and increased health and well-being.
The study indicates that for every $1 a student invests in a CSU Global education, she or he will receive $4.00 in higher future earnings. The average annual return for students is 15.2 percent. The study notes this “impressive return” far outpaces the average 7.2 percent return investors see in the U.S. stock market.
Also included is data on taxpayer and social benefits. An executive summary of the study is available here.