Arizona Universities

Updates the economic impact of ASU. In fiscal year 2021, activities related to ASU were responsible for $4.5 billion in gross product, $3.1 billion in labor income, and 54,003 jobs in Arizona.

An update to the November 2020 paper that presented data through 2019, estimates are presented of the number of ASU graduates working in Arizona, as well as their average wage, aggregate wages, and tax payments. Estimates are made for each year from 2012 through 2020.

Estimates the economic contribution of Arizona State University to Chandler’s economy. The combined impacts of spending by the university, its employees, and its students in fiscal year 2019 totaled more than 2,000 jobs, $96 million in labor income, and $187 million in gross city product.

Measures the economic contribution of Arizona State University to Glendale’s economy. The combined impacts of spending by the university, its employees, and its students in fiscal year 2019 totaled nearly 2,600 jobs, $133 million in labor income, and $194 million in gross city product.

Assesses the economic contribution of Arizona State University to Mesa’s economy. The combined impacts of spending by the university, its employees, and its students in fiscal year 2019 totaled more than 3,700 jobs, $200 million in labor income, and $333 million in gross city product.

Calculates the economic contribution of Arizona State University to the economy of Phoenix. The combined impacts of spending by the university, its employees, and its students in fiscal year 2019 totaled 11,260 jobs, $601 million in labor income, and $967 million in gross city product.

Evaluates the economic contribution of Arizona State University to Tempe’s economy. The combined impacts of spending by the university, its employees, and its students in fiscal year 2019 totaled more than 26,000 jobs, $1.6 billion in labor income, and $2.2 billion in gross city product.

Compares the actual economic impact of ASU graduates working in Arizona to the impact in three hypothetical scenarios, each of which assumes the rate of growth in the number of individuals graduating from ASU was less than the actual number.

Estimates the earnings of ASU graduate-degree holders worldwide, in the United States, in U.S. regions, and in Arizona. The total worldwide earnings of ASU graduate-degree holders as of March 2020—based on 2018 earnings data—is estimated at $11.5 billion, of which $10.4 billion is in the United States.

Explores trends in the enrollment of international students at ASU and estimates the economic impact of these students. Enrollment of international students in fall 2017 increased to 10,268 students from 3,549 students in the fall semester of 2009; their economic impact was estimated at 2,210 jobs and $182 million in gross product.

Assesses the contribution of ASU to the Arizona economy based on (1) an economic impact analysis, (2) its net benefits as a provider of higher education, and (3) its research. Fiscal Year 2021 Update: Table 1 from the January 2017 report.

Investigates the impact of the operations of the tenants at the ASU Research Park on employment and income. The 2016 impact in Arizona was 16,160 jobs, $865 million in labor income, and $1,418 million in total income.

Examines the short-term effects of a reduction in university funding, the short-term effects of delaying the construction stimulus program, and the long-term effects of a funding reduction for the universities.

Analyzes the benefits and costs of constructing physical infrastructure for the state’s public universities using long-term debt.

Extends the February 2006 paper on tuition and appropriations by including a quantitative analysis of tuition, financial aid, and income.

Looks at university tuition levels and public support for universities by state, with consideration of constitutional requirements for tuition to be as nearly free as possible and for appropriations to be made for the maintenance and improvement of public educational institutions.