This is an email from the Cal Alumni Assocation.
A new economic impact report demonstrates just how important UC is to our state’s economic future:
- Every $1 the State invests in UC and its students helps attract other revenues and results in $13.80 in overall economic output.
- UC generates $46.3 billion in annual economic activity in California through its operations and through the outside spending of its employees, students, and retirees.
- For every $1 UC gains from private and government sources in California, the University attracts $2.27 from outside the state, mainly in federal dollars.
At a time when California is struggling with deficits and high unemployment, this kind of return on investment cannot be ignored.
Sacramento cut the UC budget by $650 million (16%) this year and will likely cut the University an additional $100 million if state revenues do not meet projections. We greatly appreciate your past advocacy efforts on behalf of UC, but now we need your help again—as well as the help of your Cal friends and family—to tell Sacramento to start investing in California’s future.