Do the Math: Contributions from Institutions of Higher Learning
The following information relates to New England Association of Schools and Colleges (NEASC) accredited schools for the most recent year in which comprehensive school financial figures are available, academic year 2006-2007.
| Economic Impact of Accredited Schools in New England * | ||
|---|---|---|
| Type of Institution | Impact in MA | Impact in New England |
| Public, private and technical schools, K-12 | $7,763,091,562 | $17,114,056,678 |
| Higher education institutions | $72,921,358,593 | $118,095,483,986 |
| Total: | $80,684,450,155 | $135,209,540,664 |
Source: New England Association of Schools and Colleges Economic Impact Report, Winter 2010.
*Economic impact calculated without the use of an economic multiplier.
The economic impact of Massachusetts’ accredited schools, more than $80.6 billion in FY 07, is nearly double the amount of money expended by the state that year ($41.8 billion).
| Enrollment at Institutions of Higher Learning in New England | ||||
|---|---|---|---|---|
| Type of Institution | MA Enrollment | Percent | New England Enrollment | Percent |
| Public | 186,680 | 44% | 441,932 | 52% |
| Private | 235,678 | 56% | 402,347 | 48% |
| Total: | 422,358 | 100% | 884,279 | 100% |
Source: New England Association of Schools and Colleges Economic Impact Report, Winter 2010.
NEASC-accredited higher education institutions in Massachusetts enrolled 422,358 students, representing nearly 7% of the state’s population of 6.4 million.
Higher education institutions in Massachusetts enrolled 28,680 foreign students who spent money on local goods, entertainment, recreation, housing, utilities, and food. According to the Institue of International Education, these foreign students had an economic impact of $937.6 million in 2007.
Lasell Receives Honors for Its Work and Involvement
In 2011, Lasell College was named one of the best colleges in the nation to work for, for the third year in a row, according to a new survey by The Chronicle of Higher Education. Lasell College won the 2011 Massachusetts Campus Compact (MACC) Presidents’ Community Partnership Award honoring the College’s work with local non-profit The Second Step, which provides services for families transitioning away from abuse. The award recognizes the innovative work of MACC members in partnership with a local school or non-profit organization to benefit a Massachusetts community.
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Lasell College was named to the 2010 President’s Higher Education Community Service Honor Roll (with distinction) for its strong commitment to service and compelling campus/community partnerships that produce measurable results for the community. The award is the highest federal recognition a college or university can receive for its commitment to volunteering, service-learning, and civic engagement. |
Lasell College was ranked as a “Best Regional College” and in the “Great Schools at Great Prices” category for 2011 by the national publication U.S. News and World Report. |
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