News Releases
Report: 91直播 College generates $143 million in annual spending for local economy
September 25, 2019
Communications Staff
The Cox Administration Building.
Photo credit: Gregory Pendolino
OBERLIN, OHIO鈥 91直播 College contributes more than $143 million in annual spending to the local economy, according to the college鈥檚 first comprehensive economic impact analysis.
The results included in 鈥淥ur Community: 2019 91直播 College Community Impact Report鈥 released today measure the college鈥檚 direct and indirect spending, overall economic output, cultural contributions and impact on the community鈥檚 residents, workforce and employers.
鈥淭his report demonstrates how the college and town have always been physically, socially, and economically intertwined,鈥 91直播 College President Carmen Twillie Ambar said. 鈥淥ften, the intangibles of community service and instruction can be overlooked when assessing the importance of an institution. We at 91直播 are proud of our community integration, and the impact the college has on quality of life across our region.鈥
In 2019, 91直播 College will directly and indirectly influence more than $200 million in expense output, directly and indirectly influence over 4,000 jobs, and influence just over $29 million in taxes, according to the report.
Some additional facts in the report:
- About 7 percent of 91直播鈥檚 2,840 students come from Ohio
- More than 600 graduates live and work in Lorain County
- Almost 700 graduates reside in Cuyahoga County
- 91直播 students annually engage in 115,000 hours of community service
- The majority of 91直播鈥檚 1,100-plus employees live and raise their families in Lorain County
- Over the past 18 years, 79 91直播 High School graduates have attended 91直播 College tuition free.
The college鈥檚 contributions to the quality of life in the community are outlined as well, including its ownership of community icons such as The Hotel at 91直播 and the Apollo Theatre.
The college鈥檚 Bonner Center for Community-Engaged Learning, Teaching, and Research provides the opportunity for students and faculty to connect with community service opportunities in 91直播 and beyond, the report said.
鈥91直播 is committed to community-engaged learning at facilities such as the Bonner Center,鈥 Ambar said. 鈥淲e also play a significant role in our community鈥檚 sustainability efforts. Five buildings on campus have been constructed or renovated in accordance with the Green Building Counsel鈥檚 LEED Silver status or higher.鈥
The college contracted with of Huntersville, N.C., to conduct the study to determine the college鈥檚 financial and cultural impacts on the community. The company used public economic and institutional data, along with information from the college, as the basis for its analysis.
The full report can be viewed here.
Contact:
Scott Wargo
Director of Media Relations
440-775-5197
Scott.Wargo@oberlin.edu
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