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ECONOMIC IMPACT AND BENEFIT/ COST ANALYSIS OF NON-RESIDENT GRADUATE STUDENTS AT FSU AND
ACROSS THE SUS
COMPLETED BY:
DR. TIM LYNCH
WITH ASSISTANCE FROM: AARON SMALLWOOD, ABD
MARY BARNES, ABD
CENTER FOR ECONOMIC FORECATING AND ANALYSIS
INSTITUTE FOR SCIENCE AND PUBLIC AFFAIRS
FSU
HOW MANY NON-RESIDENT FSU GRADUATES STAY IN FLORIDA AND WHAT ARE
THEIR AVERAGE EARNINGS?
EARNINGS BY INDUSTRY FOR FORMER NON-RESIDENT FSU GRADUATE STUDENTS WORKING IN FLORIDA IN 1999 (ATTENDING OVER THE 1985-98 TIME FRAME)
Industries with 3 or more students # STUDENTS INCOME
Educational Services 161 $34,496Health Services 50 $33,452Business Services 34 $25,016Engineering and Mgmt Services 33 $46,924Exec, leg., and general govt. 30 $32,312Social Services 26 $24,976Admin of Human Services 21 $29,320Admin of Economic Services 17 $34,592Amusement & Recreation 16 $14,132Legal Services 14 $41,164Non Classifiable Establishments 13 $35,532Misc. Retail 11 $11,780Justice, public order & Safety 10 $27,492Environmental Quality and Housing 9 $36,276Motion Pictures 9 $11,156Printing and Publishing 8 $23,268Insurance carriers 7 $46,656Security commodity brokers 7 $66,780Membership Orgs. 6 $21,776Eating &Drinking Establishments 6 $7,804Insurance agents brokers& Services 5 $42,268Furniture stores 5 $33,972General Merchandise 4 $7,788Communication 4 $25,492Hotels and Lodging 3 $15,924Real Estate 3 $80,716Credit Agencies 3 $27,428Apparel and accessory stores 3 $11,984Food Stores 3 $11,260Transportation services 3 $22,632Trucking and Warehouse 3 $53,024
Average Earnings 527 $37,074SOURCE: FETPIP 1/12/99
NUMBER OF FSU NON-RESIDENT GRADUATE DEGREES BY MAJOR 1985-98
0
5
10
15
20
25
30
35
40
45
NUMBER OF
STUDENTS
Total Number of Former FSU Non-Resident Graduate Working in Florida in 1999 by Industry (6 or More Only)
0
20
40
60
80
100
120
140
160
180
Tota
l Num
ber
of E
mpl
oyee
s
WHERE DO THESE FORMER NON-RESIDENTS WORK?
DISTRIBUTION OF DIRECT EMPLOYMENT WAGES OF FLORIDA STATE UNIVERSITY FORMER OUT-OF-STATE GRADUATE STUDENTS STILL WORKING IN FLORIDA IN 1999
DISTRIBUTION OF DIRECT EMPLOYMENT WAGES OF FLORIDA STATE UNIVERSITY FORMER OUT-OF-STATE GRADUATE STUDENTS STILL WORKING IN FLORIDA IN 1999 (SAME FIG AS BEFORE SCALED TO SIZE OF CIRCLE)
TOTAL OF $17,567,556 IN SALARIES CREATED BY EMPLOYMENT OF FORMER FSU OUT-OF- STATE
GRADUATE STUDENTS IN FLORIDA IN 1999
NUMBER OF FORMER FLORIDA STATE UNIVERSITY FORMER OUT-OF-STATE GRADUATE STUDENTS WORKING IN FLORIDA IN 1999
TOTAL OF 574 FORMER FSU OUT-OF- STATE GRADUATE STUDENTS
EMPLOYED STATEWIDE IN FLORIDA IN 1999
WHAT ARE THE ECONOMIC IMPACTS OF THESE
WORKING FORMER NON-RESIDENT FSU GRADUATE
STUDENTS?
ANNUAL AVERAGE LIFETIME DIRECT AND INDIRECT EARNINGS IMPACT OF FLORIDA STATE UNIVERSITY FORMER OUT-OF-STATE GRADUATE STUDENTS STILL WORKING IN FLORIDA IN 1999
TOTAL NPV OF $71.6 MILLION IN STATE EARNINGS ACROSS FLORIDA CREATED BY TOTAL LIFETIME ECONOMIC ACTIVITY OF FORMER FSU OUT-OF- STATE GRADUATES
EACH YEAR
ZIP CODE IMPACTS
TOTAL NPV OF $88.2 MILLION IN STATE ECONOMIC OUTPUT ACROSS FLORIDA
CREATED BY TOTAL LIFETIME ECONOMIC ACTIVITY OF FORMER FSU OUT-OF- STATE
GRADUATES EACH YEAR
NET PRESENT VALUE OF LIFETIME ECONOMIC OUTPUT IMPACT OF AVERAGE ANNUAL FLORIDA STATE UNIVERSITY FORMER OUT-OF-STATE GRADUATE STUDENTS STILL WORKING IN FLORIDA IN 1999 DOLLARS
COUNTY IMPACTS
TOTAL NPV OF $88.2 MILLION IN STATE ECONOMIC OUTPUT ACROSS FLORIDA
CREATED BY TOTAL LIFETIME ECONOMIC ACTIVITY OF FORMER FSU OUT-OF- STATE
GRADUATES EACH YEAR
NET PRESENT VALUE OF LIFETIME ECONOMIC OUTPUT IMPACT OF AVERAGE ANNUAL FLORIDA STATE UNIVERSITY FORMER OUT-OF-STATE GRADUATE STUDENTS STILL WORKING IN FLORIDA IN 1999 DOLLARS
WHAT ARE THE NUMBER AND LOCATION OF FULL TIME JOBS CREATED BY
THE LIFETIME EARNINGS OF FLORIDA EMPLOYED
FORMER FSU NON-RESIDENT GRADUATES?
ANNUAL NUMBER OFTOTAL JOBS CREATED BY THE LIFETIME ECONOMIC IMPACT OF FLORIDA STATE UNIVERSITY FORMER OUT-OF-STATE GRADUATE STUDENTS STILL WORKING IN FLORIDA
ANNUAL AVERAGE NUMBER OF TOTAL JOBS CREATED BY THE LIFETIME ECONOMIC IMPACT OF FLORIDA STATE UNIVERSITY FORMER OUT-OF-STATE GRADUATE STUDENTS STILL WORKING IN FLORIDA
TOTAL OF 1,971 NEW JOBS ACROSS FLORIDA CREATED BY ECONOMIC
IMPACT OF FORMER FSU OUT-OF- STATE GRADUATE STUDENTS EMPLOYED
STATEWIDE IN FLORIDA IN 1999
ANNUAL NUMBER OFTOTAL JOBS CREATED IN CENTRAL FLORIDA BY THE LIFETIME ECONOMIC IMPACT OF FLORIDA STATE UNIVERSITY FORMER OUT-OF-STATE GRADUATE STUDENTS STILL WORKING IN FLORIDA
ANNUALNUMBER OF TOTAL JOBS CREATED IN SOUTH FLORIDA BY THE LIFETIME ECONOMIC IMPACT OF FLORIDA STATE UNIVERSITY FORMER OUT-OF-STATE GRADUATE STUDENTS STILL WORKING IN FLORIDA
ANNUAL NUMBER OF TOTAL JOBS CREATED IN NORTH FLORIDA BY THE LIFETIME ECONOMIC IMPACT OF FLORIDA STATE UNIVERSITY FORMER OUT-OF-STATE GRADUATE STUDENTS STILL WORKING IN FLORIDA