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