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2010 Economic Impact Statement

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» View President Christian's Powerpoint Presentation

Since its inception, the State University of New York at New Paltz has played a seminal role in the growth, vitality, and well-being of its home, its neighboring communities, and the region. Through its mission of education, professional achievement, business development, and civic engagement, the College stands among the Hudson Valley’s most valuable resources.

Nowhere is this significance felt more strongly than in its economic impact. As with all great universities, New Paltz serves as a powerful engine whose influence resonates far beyond its spectacular 216-acre campus. The College generates over $338 million in economic activity and 3,331 jobs annually to the Hudson Valley economy—while, concurrently, contributing $398.6 million and 3,981 jobs to the New York State economy. Now more than ever, the College remains committed to its roles as educator, neighbor, and business partner.

Early in 2010, SUNY Chancellor Nancy Zimpher unveiled “The Power of SUNY,” a
major strategic plan
that will drive SUNY for the next five years and beyond. Monumental in scope and daring in vision, it proposes that “SUNY can be the key driver of New York’s economic revitalization and the improved life of its citizens.”

Considering the extraordinary fact that 97% of all New Yorkers live within 20 miles of a SUNY campus, these campuses and their communities will become the anchors at the heart of this economic revitalization. As one of SUNY’s 64 public higher education institutions, New Paltz looks forward to playing its role as one of the “critical building blocks in the development of a new creative economy.”