Group of colleges releases study on financial impact
Report says Baltimore colleges contribute $17.2 billion to economy
The study also looked at other similar clusters of colleges in California and Boston to see what worked in those areas.
According to Toran, the idea for the study came about in the fall of 2006. "Baltimore County was one of the primary founders of the project. The Network came up with the idea for the research and approached the county for funding," said Fronda Cohen, marketing and communications director for the Baltimore County Department of Economic Development.
Campbell said that the Network hopes to further efforts that would improve the lives of Baltimore college students, such as the Collegetown Shuttle, which the report showed as responsible for transporting 72,000 riders." Collegetown has taken the lead in enhancing transportation services that?link students, faculty and staff to many campuses as well as to commercial centers and attractions," she said.
External funding from the Baltimore County Office of Economic Development, the Baltimore Development Corporation and the Goldseker Foundation covered data analysis for the Jacob France Institute at University of Baltimore and RESI of Towson University.
The study also showed that Collegetown graduates meet 88 percent of Maryland's occupational demand. Higher education institutions create more social workers, dentists, physicians and lawyers than Maryland can accommodate, but produce fewer teachers, engineers and pharmacists than are needed.
Hopkins Vice Provost for Budgets and Planning?James Zeller could not be reached for comment. Zeller was the Hopkins representative on the Collegetown Governing Board.
According to Toran, the idea for the study came about in the fall of 2006. "Baltimore County was one of the primary founders of the project. The Network came up with the idea for the research and approached the county for funding," said Fronda Cohen, marketing and communications director for the Baltimore County Department of Economic Development.
Campbell said that the Network hopes to further efforts that would improve the lives of Baltimore college students, such as the Collegetown Shuttle, which the report showed as responsible for transporting 72,000 riders." Collegetown has taken the lead in enhancing transportation services that?link students, faculty and staff to many campuses as well as to commercial centers and attractions," she said.
External funding from the Baltimore County Office of Economic Development, the Baltimore Development Corporation and the Goldseker Foundation covered data analysis for the Jacob France Institute at University of Baltimore and RESI of Towson University.
The study also showed that Collegetown graduates meet 88 percent of Maryland's occupational demand. Higher education institutions create more social workers, dentists, physicians and lawyers than Maryland can accommodate, but produce fewer teachers, engineers and pharmacists than are needed.
Hopkins Vice Provost for Budgets and Planning?James Zeller could not be reached for comment. Zeller was the Hopkins representative on the Collegetown Governing Board.
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