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Rutgers offers 5.2B reasons why it's good for N.J. economy

Members of the Rutgers Alumni Community:
As you know, Rutgers plays a crucial role in New Jersey, the state that more than 280,000 of our graduates call home. We teach 69,000 students and provide continuing education to approximately 50,000 women and men a year. Our research yields discoveries that improve the quality of life. We deliver health care to tens of thousands of New Jerseyans. Our service benefits small businesses, farmers, families, schools, and local governments in every county.
But as a new analysis by the Edward J. Bloustein School of Planning and Public Policy demonstrates, Rutgers—the state’s third-largest non-government employer—is also a job creator and an economic engine. The combined impact of our operations each year supports nearly 58,000 jobs statewide and generates $5.2 billion in economic activity in New Jersey. Adding to those totals, our construction activities over the past five years have supported nearly 12,000 short-term jobs and generated another $1.2 billion in economic activity.
I’m glad to add that we are a smart investment, too: for every dollar state government provides to Rutgers, we return nearly 7 dollars to the New Jersey economy.
To see how much we benefit New Jersey, I invite you to read Rutgers Grows the Garden State, a report that highlights the key findings of the Bloustein School analysis.
The University is sending the document to policy makers in Trenton and business leaders across the state, but I also welcome you to use this information to help advocate for Rutgers throughout the year. Visit http://economicimpact.rutgers.edu to access the report, the full analysis, and a related video.
As alumni, you have contributed to the story we have to tell about Rutgers. I hope you share my pride in all your alma mater is doing to make life better here in the Garden State and far beyond.
Sincerely,
Robert Barchi
 
Which is why the argument of maybe going back to private always comes up around this time of year. What's the point of being a public university if the state and it's residents takes you for granted?

Being the vehicle for kids who are first generation in their family to go to college to get a first class education at a reasonable price- like myself. Had RU been private I would have gone to TCNJ.
 
Being the vehicle for kids who are first generation in their family to go to college to get a first class education at a reasonable price- like myself. Had RU been private I would have gone to TCNJ.

I agree and has always been my rationale for RU's public mission...but still I sometimes think private might be better given the level of disrespect Rutgers is given by it's residents and state leaders.
 
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I agree and has always been my rationale for RU's public mission...but still I sometimes think private might be better given the level of disrespect Rutgers is given by it's residents and state leaders.

There is simply no way Rutgers could survive in its current form without that $250M plus that the State of New Jersey supplies every year. And the legal path would be torturous indeed. Keep in mind that the Rutgers Board of Trustees has title only to what Rutgers had in 1956.
 
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Hmmm.. the dean of the public policy school at Rutgers agrees with the report that school published about Rutgers economic impact to the state?

That is news!

But seriously.. read that story srru86 linked.. it really is remarkable how good a deal New Jersey is getting with Rutgers. New Jersey actually gets more in tax revenues generated by Rutgers than it gives to Rutgers.

Think about that.

There is so so so much more value given to New jersey by Rutgers than it gets in return. Rutgers is a PROFIT CENTER to the state treasury.. not an expense. AMAZING.
 
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