Spring Break
Group of colleges releases study on financial impact
Report says Baltimore colleges contribute $17.2 billion to economy
Issue date: 2/28/08
She hoped these partnerships would encourage more graduates to remain in the Baltimore region.
According to BCN research, 31 percent of graduates from Collegetown institutions remain in Baltimore, while 53 percent remain in-state. However, Campbell said, this data did not measure how many of these students originally came from the area.
Campbell also said she hoped the study would "attract businesses to region and support those we already have here."
Smith said he planned to take the report to an international shopping center convention in Las Vegas next week, where he hoped to show attendees the impact of higher education on the economy in the Baltimore area.
Reiner said he hoped the study would improve relationships between institutions and the communities they belong to. "I can't imagine that it would be damaging. Higher education is a powerful resource in the community. There are inherent challenges, as we all know, with living in dense urban areas. What this report talks about is [colleges] being part of the community on a lot of different fronts," he said.
Smith said he thought the report would help to improve the relationship between colleges and the communities they are a part of. "We work very hard to enhance the town and gown relationship of Towson and Goucher with the Towson community and this can only enhance it," he said.
It took about a little over a year to get all the information and had to gather all the information into a publication, Bedoya said.
Campbell said that information from Hopkins came from several sources, including the college and hospital. Consisting of reprentatives from each institution, the Collegetown board "helped to determine the scope, provide information and manage the process, and assisted with the overall funding of the report and it's rollout," Campbell said.
Reiner said he personally provided information about the University's community engagement.?"When you think what makes this work is that the partnership extends into the local community. Whether it is the neighborhood around Homewood or in East Baltimore, there's an inherent relationship that is grassroots but then extends to the city, region and state," Reiner said.
According to BCN research, 31 percent of graduates from Collegetown institutions remain in Baltimore, while 53 percent remain in-state. However, Campbell said, this data did not measure how many of these students originally came from the area.
Campbell also said she hoped the study would "attract businesses to region and support those we already have here."
Smith said he planned to take the report to an international shopping center convention in Las Vegas next week, where he hoped to show attendees the impact of higher education on the economy in the Baltimore area.
Reiner said he hoped the study would improve relationships between institutions and the communities they belong to. "I can't imagine that it would be damaging. Higher education is a powerful resource in the community. There are inherent challenges, as we all know, with living in dense urban areas. What this report talks about is [colleges] being part of the community on a lot of different fronts," he said.
Smith said he thought the report would help to improve the relationship between colleges and the communities they are a part of. "We work very hard to enhance the town and gown relationship of Towson and Goucher with the Towson community and this can only enhance it," he said.
It took about a little over a year to get all the information and had to gather all the information into a publication, Bedoya said.
Campbell said that information from Hopkins came from several sources, including the college and hospital. Consisting of reprentatives from each institution, the Collegetown board "helped to determine the scope, provide information and manage the process, and assisted with the overall funding of the report and it's rollout," Campbell said.
Reiner said he personally provided information about the University's community engagement.?"When you think what makes this work is that the partnership extends into the local community. Whether it is the neighborhood around Homewood or in East Baltimore, there's an inherent relationship that is grassroots but then extends to the city, region and state," Reiner said.
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