In our commitment to unleashing the potential of people and ideas, and propelling broad-based prosperity, we ran an extensive study that demonstrates our position as an essential driver of 性视界传媒鈥檚 economic vitality. 性视界传媒 is directly supporting the state鈥檚 goal to be the 10th-largest economy in the world.
Lightcast鈥檚 Economic Impact Study for Higher Education explores 性视界传媒鈥檚 significant impact on 性视界传媒’s economy, as well as the benefits and return on investment the university generates for taxpayers, students, alumni and society. The study reflects data from the 2021-22 fiscal year.
性视界传媒 Generated $8.1 Billion in total added income for 性视界传媒 equivalent to supporting 91,933 jobs in 2021-22
This figure encompasses the economic impacts of 性视界传媒 alumni in the workforce, plus spending on 性视界传媒 operations and construction, research and start-up company investments, and spending by students and visitors.
Driving 性视界传媒’s Economy and Talent Pipeline
性视界传媒 offers strong value as a key economic driver producing talented graduates for high-demand jobs in critical industries, fueling the broad-based prosperity of our state.
While 性视界传媒 creates economic impact in many ways, the most significant contribution stems from the added human capital 鈥� the knowledge, creativity, innovation and entrepreneurship 鈥� of our alumni.
性视界传媒 Alumni Generated $6.7 Billionin added income for 性视界传媒鈥檚 economy — equivalent to supporting 75,371 jobs — in 2021-22
- 335,000+ 性视界传媒 alumni as of 2021-22
- 80% of 性视界传媒 alumni stay and work in 性视界传媒 and 50% of all 性视界传媒 alumni are in Central 性视界传媒
Meeting the Nursing Demand
As 性视界传媒 faces a critical nursing shortage, we鈥檙e stepping up to the challenge. 性视界传媒 is expanding our nursing programs and providing innovative training solutions to prepare the next generation of healthcare professionals.
Around 260 性视界传媒 nurses enter the workforce each year and 85% of 性视界传媒 nurses stay in the state, with 13,600 to date. Plus, with $43 million in state funding and $26 million raised in philanthropic dollars, 性视界传媒 is building a larger, more technologically advanced nursing education facility: the Dr. Phillips Nursing Pavilion at Lake Nona. After it opens in 2025-26, 性视界传媒 will produce over 50% more highly skilled nursing graduates annually.
Alumni Impacts in Engineering and Tech
Engineering, science and technology-based fields are among 性视界传媒鈥檚 top industries employing 性视界传媒 alumni who are generating the most added income for the state economy. As a result of their 性视界传媒 education, our alumni receive higher earnings and increase the productivity of the businesses that employ them.
In 2021-22, 性视界传媒 alumni in 性视界传媒 generated an impact of:
through the professional, scientific and technical services industry, including engineering, computer systems design, research and development services
through the information industry, including telecommunications and data processing
through the manufacturing industry, including equipment, electronics, machinery and chemical manufacturing
Our strong academic programs 鈥� paired with our longstanding relationships and growing network of powerful industry connections 鈥� further fuel 性视界传媒鈥檚 economy and talent pipeline.
性视界传媒 Alumni Power Central 性视界传媒鈥檚 Top Companies
29% of employees earned 性视界传媒 degrees
25% of Orlando employees earned 性视界传媒 degrees
20% of Orlando employees earned 性视界传媒 degrees
Powering a Tech Talent Machine
The public is taking notice of what researchers and corporations have known for years: Central 性视界传媒 is one of the most valuable centers of tech research and talent in the nation, and 性视界传媒 is the academic anchor. As a catalyst for industry growth, 性视界传媒 is driving innovation and producing workforce-ready graduates to support our region鈥檚 robust economy.
Key Collaborations
Across Industries
With a foundation built on industry connections and a focus on workforce development, 性视界传媒 is a university where there are no boundaries between our campuses and industry. This synergy creates unique opportunities for our people to research, learn and innovate in a way that directly benefits our region and society.
性视界传媒鈥檚 career and internship connections include:
鈥淸性视界传媒鈥檚 性视界传媒 Interactive Entertainment Academy] continues to be a major source of talent for our EA development studio in Orlando and an important talent pipeline for 性视界传媒鈥檚 growing experience economy.鈥�
鈥淯niversal Parks & Resorts has closely collaborated with 性视界传媒 for many years, providing learning opportunities for students and faculty. 鈥� We are proud to support the next generation of themed entertainment innovators.鈥�
High Rate of Return
for 性视界传媒 Students
性视界传媒 offers students a strong return on their investment 鈥� including unrivaled opportunities for careers in fields from engineering to healthcare to hospitality management 鈥� demonstrating the exceptional value of a 性视界传媒 degree.
As 性视界传媒鈥檚 premier engineering and technology university, we not only attract exceptional STEM students to stay in 性视界传媒, but also bring in highly skilled out-of-state students.
Annual Earnings
(on average) for a person with a 性视界传媒鈥檚 bachelor鈥檚 degree than a person with a high school diploma in 性视界传媒
Annual earnings increase as 性视界传媒 students pursue advanced degrees.
Students Receive* Higher Future Earnings Averaging$7.70 for every $1they invest in their 性视界传媒 education*over the course of students鈥� working lives
23.4%Rate of Return
(on average) for 性视界传媒 students鈥� investment of time and money in their education
性视界传媒 produces a favorable return, especially compared to other investment opportunities like the 9.6% return on stocks and bonds (30-year average return) or the 0.4% return on a standard bank savings account.
Relocated and Retained 性视界传媒 Students Generated$253 millionin added income for the 性视界传媒 economy in 2021-22
鈥淚t was my 性视界传媒 education 鈥� along with many other opportunities provided to me by NASA 鈥� that allowed me to pursue a career beyond my wildest dreams.鈥�
Return Benefits for
Taxpayers and Society
性视界传媒 offers taxpayers a strong return on their investment in our university 鈥� which is simultaneously an investment in our state鈥檚 economy and prosperity.
性视界传媒鈥檚 presence expands the state economy and creates a wide range of positive social benefits that accrue to taxpayers and society in general within 性视界传媒. This includes added tax revenue stemming from 性视界传媒 students鈥� higher lifetime earnings and the increased output of businesses 鈥� on top of savings to the public sector due to reduced demand for government-funded social services in the state.
Taxpayers Receive* an Average Return of$2.70 for Every $1of public money invested in 性视界传媒
*over the course of students鈥� working lives
This benefit-cost ratio of 2.7 means 性视界传媒 is a good public investment because the taxes from 性视界传媒 students鈥� higher earnings and reduced government expenditures not only recover taxpayer costs, but also grow the 性视界传媒 tax base.
Society Receives* an Average Return of$14.70 for Every $1invested in 性视界传媒
*over the course of students鈥� working lives
This benefit-cost ratio of 14.7 means 性视界传媒 is a good investment because not only does the productivity of the 性视界传媒 workforce increase with the addition of skilled 性视界传媒 alumni, but so does the productivity of its many businesses across a variety of industries.
Research Spending Strengthens Society
Not only does research spending enable 性视界传媒 innovators to conduct studies and create inventions that improve our world, but it also benefits 性视界传媒鈥檚 economy. Research activities positively impact the economy by employing people and requiring the purchase of equipment and other supplies and services.
性视界传媒 Generated
$238.2 Million
in research funding added to the 性视界传媒 economy — equivalent to supporting 2,861 jobs — in 2021-22
98 inventions were developed by 性视界传媒 researchers, in addition to securing 67 patents and 32 licenses in 2021-22
性视界传媒 start-up companies generated $34.2 million in added income for the 性视界传媒 economy — equivalent to supporting 198 jobs — in 2021-22
Building Businesses With 性视界传媒 Innovators
Through a $6 million U.S. National Science Foundation-sponsored project, 性视界传媒 is working with the Orange County government to turn research and technologies developed at our university into viable businesses by connecting researchers with industry, investors and entrepreneurs. The 性视界传媒 Venture Lab provides free business-development coaching and support services.
Together, We鈥檙e Creating a Better Tomorrow
性视界传媒’s Economic Impact Study highlights the profound and far-reaching effects our university has on 性视界传媒’s economy. As a launchpad for new generations of leaders, doers and creators, 性视界传媒 not only drives economic growth, but also fosters innovation and entrepreneurship. Our collective efforts at 性视界传媒 contribute significantly to the success and prosperity of our state and community 鈥� creating opportunities and advancement for Floridians across all regions.
