Stan State's
Economic Impact
California State University, Stanislaus has a significant positive effect on the business community, providing a return on investment to its key stakeholder groups, including students, taxpayers, and society. This study uses a two-part approach of an economic impact analysis and an investment analysis to determine the benefits each group receives.
Additional Documents
Stan State added $770.5 million in income, equal to approximately 1.0% of the total gross regional product of the Stan State Six-County Service Region, supporting 9,068 jobs. The activities of Stan State and its students support one out of every 82 jobs in the region.
Stan State Six-County Service Region: Stanislaus, Calaveras, Mariposa, Merced, San Joaquin, and Tuolumne Counties
![Map highlighting the Stan State six-county service region, CA](/sites/default/files/styles/media_540x520/public/2023-02/six-county-region.png?itok=90sAcMju)
Stan State boosts the economy in its service region through direct spending, student spending, and business spending. The University serves as an employer and buyer, attracts out-of-region students, encourages employee volunteerism, provides higher education and trained workers, and enhances the regional workforce's productivity.
![operations-spending-impact.png](/sites/default/files/2023-02/operations-spending-impact.png)
Operations Spending
Impact
$221 million
![research-spending-impact.png](/sites/default/files/2023-02/research-spending-impact.png)
Research Spending
Impact
$1.7 million
![student-spending-impact.png](/sites/default/files/2023-02/student-spending-impact.png)
Student Spending
Impact
$18.3 million
![volunteerism-impact.png](/sites/default/files/2023-02/volunteerism-impact.png)
Volunteerism
Impact
$0.1 million
![alumni-impact.png](/sites/default/files/2023-02/alumni-impact.png)
Alumni
Impact
$529.4 million
Stan State’s total impact can also be expressed in terms of jobs supported. The $770.5 million impact supported 9,068 regional jobs, using the jobs-to-sales ratios specific to each industry in the region. This means that one out of every 82 jobs in the Stan State Six-County Service Region is supported by the activities of Stan State and its students.
Stan State impacts by industry (jobs supported)
![government-education.png](/sites/default/files/2023-02/government-education.png)
Government,
Education
1,641
![retail-trade.png](/sites/default/files/2023-02/retail-trade.png)
Retail
Trade
1,213
![health-care-social-assistance.png](/sites/default/files/2023-02/health-care-social-assistance.png)
Health Care & Social Assistance
872
![administrative-waste-services.png](/sites/default/files/2023-02/administrative-waste-services.png)
Administrative & Waste Services
735
![manufacturing.png](/sites/default/files/2023-02/manufacturing.png)
Manufacturing
699
![accommodation-food-services.png](/sites/default/files/2023-02/accommodation-food-services.png)
Accommodation & Food Services
682
![educational-services.png](/sites/default/files/2023-02/educational-services.png)
Educational
Services
518
![professional-technical-services.png](/sites/default/files/2023-02/professional-technical-services.png)
Professional & Technical Services
481
Analysis shows that Stan State is a strong investment for students, taxpayers, and society. Students receive a high return on their educational investments, taxpayers benefit with more return than cost, and there are widespread social benefits throughout California.
![](/sites/default/files/styles/media_540x520/public/2023-02/investment-analysis.png?itok=eeExu10h)
For every $1...
Students gain in
lifetime earnings
$12.10
Taxpayers gain in added tax revenue and public sector savings
$2.30
Society gains in added income and social savings
$14.50
Students see a high rate of return for their investment in Stan State
30.3%
Average annual return for Stan State students
10.5%
Stock market 30-year average annual return
0.8%
Interest earned on savings account (National Rate Cap)
Source: Forbes’ S&P 500, 1992-2021. FDIC.gov, 2-2022.
![grads at commencement](/sites/default/files/2023-02/eir-grads-at-commencement.png)
Student Perspective
$973.6 million
Benefit: Higher future earnings
$80.2 million
Cost: Tuition, supplies, opportunity cost
30.3%
Rate of return
![icons_student-perspective.png](/sites/default/files/2023-02/icons_student-perspective.png)
Taxpayer Perspective
$444.4 million
Benefit: Future tax revenue, government savings
$189.6 million
Cost: State and local funding
4.0%
Rate of return
![icons_taxpayer-perspective.png](/sites/default/files/2023-02/icons_taxpayer-perspective.png)
Social Perspective
$4.7 billion
Benefit: Future earnings, tax revenue, private savings
$323.5 million
Cost: All university and student costs
n/a *
Rate of return
![icons_social-perspective.png](/sites/default/files/2023-02/icons_social-perspective.png)
Future benefits are discounted to the present.
* The rate of return is not reported for the social perspective because the beneficiaries are not necessarily the same as the original investors.
Updated: June 11, 2024