Measuring the Total Economic Value of State-Funded Higher Education in Iowa
AbstractThis is an evaluation of the statewide total economic value of state-funded higher education in Iowa.� The analysis is based on Fiscal Year 2010 final budgeted values for Iowaâ€™s three Board of Regents universities and their teaching hospital, as well as the stateâ€™s 15 community colleges.� Final budget year data were obtained from the respective state universitiesâ€™ web sites, from the Board of Regents, and from the Annual Condition of Iowaâ€™s Community Colleges, 2010, report published by the Iowa Department of Education.� Additional information on employment was obtained from the Iowa Board of Regents using October 2009 employment levels as the official employment basis for FY â€˜10. The evaluation has three distinct components.� It first looks at all Board of Regentâ€™s higher education spending, which includes all university institutes, centers, extension activities, and other services.� The University of Iowa Hospitals and Clinics (UIHC) are separately evaluated.� While it is a teaching hospital, and an important educational institution to the state of Iowa, it is most properly measured primarily as a public hospital for the purposes of this study, not as an educational facility.� Last, Iowaâ€™s 15 community colleges are evaluated as a combined, albeit distributed group of higher education providers.
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Bibliographic InfoPaper provided by Iowa State University, Department of Economics in its series Staff General Research Papers with number 32778.
Date of creation: 20 Apr 2011
Date of revision:
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Postal: Iowa State University, Dept. of Economics, 260 Heady Hall, Ames, IA 50011-1070
Phone: +1 515.294.6741
Fax: +1 515.294.0221
Web page: http://www.econ.iastate.edu
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economic impact; input output analysis; university;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-04-30 (All new papers)
- NEP-EDU-2011-04-30 (Education)
- NEP-LAB-2011-04-30 (Labour Economics)
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