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The Nebraska State College System (NSCS) has always been a cornerstone of the education system and workforce in Nebraska. We’re pleased to present the following reports that provide factual evidence of the collective impact of Chadron, Peru, and Wayne State Colleges. This independent report illustrates that the NSCS adds $564.8 million in income to the Nebraska economy each year, demonstrating that your State Colleges are working for Nebraska. (View the full and college-specific reports)
The System continues to have a significant positive economic impact within the rural communities the Colleges serve and Nebraska as a whole. Additionally, Chadron State, Peru State, and Wayne State Colleges are key in preparing students to enter high-demand, high-skilled, and high-paying careers necessary to continue to grow the Nebraska economy. The Colleges support a variety of businesses and industries in Nebraska and benefit the state by contributing to an expanded economy and improved quality of life for all Nebraskans. The benefits created by the NSCS extend to the state government through increased tax revenues and public sector savings.
STATE COLLEGES WORKING FOR NEBRASKA
in total economic impact each year.
suppported in Nebraska.
for every dollar invested in the State Colleges.
The NSCS added $564.8 million in income to the Nebraska economy during the analysis year, equal to the sum of operations spending impact, the student spending impact, and the alumni impact. For context, the $564.8 million impact was equal to approximately 0.4% of the total gross state product (GSP) of Nebraska.The NSCS’ total impact can also be expressed in terms of jobs supported.
- The $564.8 million impact supported 10,593 Nebraska jobs, using the jobs-to-sales ratios specific to each industry in the state.
- This means that one out of every 127 jobs in Nebraska is supported by the activities of the Colleges and their students.
- The $564.8 million, or 10,593 supported jobs, stemmed from different industry sectors.
- Among non-education industry sectors, the NSCS’ spending and alumni in the Health Care & Social Assistance industry sector supported 895 jobs in FY 2018-19. These are impacts that would not have been generated without the presence of all three of the State Colleges in Nebraska.
The results of this study demonstrate that the State Colleges continue to have a significant positive economic impact not only on the individual lives of their students, but for Nebraska as whole. NSCS benefits Nebraska businesses by increasing consumer spending in the state and supplying a steady flow of qualified, educated workers to the workforce. The NSCS enriches the lives of students by raising their lifetime earnings and helping them achieve their individual potential. The System benefits Nebraska taxpayers through increased tax receipts and a reduced demand for government-supported social services. Finally, the NSCS benefits Nebraska by creating a more prosperous economy and generating a variety of savings through the improved lifestyles of its students.
News & Media Coverage
- Drive Time Lincoln Interview with Jack Riggins
August 2, 2022 | KLIN
- Chadron, Peru, and Wayne State Demonstrate Economic Impact
July 19, 2022 | NEWS CHANNEL NEBRASKA
- Local View: Colleges Make Impact
July 19, 2022 | LINCOLN JOURNAL-STAR
- Midlands Voices: State colleges working for Nebraska
July 17, 2022 | OMAHA WORLD-HERALD
Chadron, Peru, and Wayne State Colleges' contributions
directly fuel the Nebraska economy."