With a community of some 10,500 students, faculty and staff, SU has had an increasingly positive impact on the area economy, growing by some $130 million in the last decade. A steady, planned increase in student population; hiring of new faculty and staff; and a dynamic reconfiguration of the physical campus with several notable construction projects have been hallmarks of the expansion.
According to BEACON, the Business, Economic And Community Outreach Network, which conducted the recent study and also one a decade ago, SU currently generates a $480.5 million annual local economic impact and supports 3,287 jobs. In 2005 the local impact was $351 million, supporting the equivalent of 3,000 jobs.
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52 comments:
No way
Close them down. Nobody don't need worthless liberal degrees.
Wow I'm impressed. How do they do that - coming up with dollar amount students spend; visitors spend etc. My question is: If SU is supporting the economy why be are there so many low income people. Why is the housing industry a bust. Have the powers to be decided apartments are easier to promote than homes. I believe that Salisbury is still hurting financially. Why are the taxes so high.
7:16 They same way they figure out how many people live in a state or a country. The same way the figure out how many gallons of water are in the Chesapeake Bay. Mathematicians and accounts have figured out that one does not need to take one's shoes off to count beyond the number 10.
Isn't it the prevailing theory that stats can be made to show anything you want?
Oh, so the report is done by the University, about the University. Another Memo Dericker "all about us" report, now just how credible is that BS?
7:31 , you are correct , all of these so called stats are BS . The largest turd is the 480.5 million number
These calculations are based on "modeling", aka fudging information to show whatever you want without consequences.
Cooked Books...thats all I'll say about that...
How come SU doesn't offer any scholarships to local students? Rather have New Jersey students instead.
I think they mean the students bring that kind of money. Students also bring bad behavior and break things that takes money to fix. I'd like to remind everyone that their in house commissary and food courts take away from the city.
Nothing but mere numbers pulled out of thin air to pacify. If SU was pumping a HALF BILLION, Perdue supposedly doing so much etc etc this area wouldn't have the problems it does
Economic impact is not statistics. Hard numbers are easy to determine. For example, consider an office building that costs $15 million to build and houses 400 professional employees in a 5-county region. The construction phase generates $35 million in total output, $11 million in total earnings, and supports 290 jobs. However, this one-time impact is overshadowed by the ongoing business operations phase, which generates $100 million in total output, $39 million in total earnings, and sustains 860 jobs annually.
lol, if SU leaves this area dies. I hate to be the one to point this out, but the area runs on college kids. If you think the area is bad now, if SU were to close like you were wishing, you ain't seen nothing yet.
Get your heads out of your butts.
More Memo Deriker mush.
At least these SU grads are smart enough to LEAVE once they get their degree.
Now lets use the same methodology to determine what it costs us to have it here!
local scholarships 808am? Shut your mouth with those blasphemy type words! Of course SU wants folks from NJ and other states - MORE $$$$$$$ with out of state tuition!
All about the Benjamins!!!!!!!!! GREEEEEEEEEEEED is GOOOOOOOOOOOOOD!!
Unfortunately, Salisbury needs the colleges (including awful UMES). Face it, we are a college town on the way to the beach, without newsworthy TV stations to tell ANY type of stories!
Lol!! Thanks for that. So often, these posters remind me of why they are always so skeptical.They just plain dont habe a clue about how thimgs work.
90 percent of construction contracts were awarded to out of state companies. Fact.
9:09 Please provide the source of your "fact".
Dorms don't have kitchens, most students that live on campus don't have cars, people need to be able to convientlty eat between classes. None of the businesses on rt 13 by the college would be there if the college wasn't there. Can you name any legitimate college that doesn't have one campus dining?
So they won the bid. If they had chosen a local builder it would have cost more. Everyone would have been complaining about the good ol boy system and wasting tax money
So WHY are they getting tax payer GRANTS.
Now you know why SPD and the COLLEGE are covering up Crime.
I wonder what SU will be asking for now. Did they make appropriate deductions for a net amount. All the property SU owns and continues to purchase are removed from the tax base of the local municipalities. The costs to the community are a lengthy list that continues to be left out
I don't agree with all of your so-called facts or stats. Because I do believe the college does help our economy. However, the college is not as great about educating our youth as you may think. I worked as a manager in a retail store here. The store hired an S.U. graduate and she had a great resume. However once in the store working, you would have thought she was a high school drop out. She could not tell you what ten percent of ten dollars is without using a calculator or what one-third of thirty dollars is. I am sorry but this is elementary school math. But as a college graduate, I expected a better result. I realize that all S.U. graduates should not be judged by just one. But this did open my eyes as to how uneducated our college students can be.
SU ignores our local students because they make more money off out of state students with higher rates and room and board...It's discrimination.
I dont see where you deduct anything for their presence...for instance crime. It costs Salisbury time and money to send officers to the Zoo to tame the delinquents. How about wear and tear on our roads?? That too adds up. What about other services that Salisbury "contributes" to SU?? Maybe Wastewater?? Water. And you know the SU darlings never throw trash on the ground (I clean it up every weekend out of my yard), tear up any Town or personal equipment, etc. All we are being shown is what they "pay." How about what Salisbury and it's residents have to "Pay" for SU.
I agree with that the taxes are way too high now. I tried to buy a new house until I saw what the Town and County taxes were. I will buy in the county next time. Plus Salisbury management really sucks ***.
Then how does 33 MILLION dollars for out state, some out of country workes contributing to our community under the construction model? I WILL agree I could NOT compete with the labor rate of Mexican workers. I do see a change now a little however it's slow.
11:43 Maybe the local students don't have good enough grades/SAT scores to get in to a university. That's what Wor-Wic is for. Locals are lucky to get a Good Enough Diploma (GED) and that is usually obtained in prison.
Show your proof please.
I want to see SU's calculations as I don't believe them.
First off, how many businesses have been displaced because SU has confiscated their properties?
Want proof - here it is:
1. Purity Bacon - College has now acquired property.
2. Dresser/Haliburton Industries - College has now acquired property.
3. Century Rain Aid (S. Division St.) - College has now acquired property.
4. Noland (S. Division St.)- College has now acquired property.
5. McDonalds - (Rt. 13) - College has now acquired property.
6. Delaware Tire - (Rt. 13) - College has now acquired property.
7. Fratelli's - (Rt. 13) -College has now acquired property.
8. University Square Apartments (Milford Street) - College has now acquired property
These are the ones I know - but there many many others that line College Avenue, Camden Avenue, S. Division Street, & Rt. 13 - (take a ride down and look for yourself).
So my credible observation is - let's see your calculations.
And I can almost guarantee you that I can intelligently offer ample evidence to REFUTE SU's claim to economic infamy.
So how much was lost in property taxes when all the businesses were condemned so that SU could expand? Does anyone know how much taxpayer dollars each year are needed to pay for salaries, maintenance, personal vehicles, expense accounts, equipment, utilities, retirement and medical for the employees?
Do the student's tuition cover all the costs?
Responding to 4:28 Post, Excellent Points!!
I also do not believe the Beacon propaganda. I am highly suspicious of any news emanating by the SU officials. For example, when I attended SU - many years ago - I can remember my economic's professor stating; "Any US President that allows unemployment to exceed 5% have a short lived career."
IMHO - my former economics professor would role over in his grave if he saw the current labor participation rate whereby now there are more than 90 million americans are out of the workforce (see it for yourself - https://townhall.com/tipsheet/aaronbandler/2015/08/07/record-937-million-americans-out-of-the-labor-force-n2036061)
My analysis - if SU and Beacon were doing such a fine job then why is it that the net per capita incomes have been so pathetic over the last decade?
According to recently released White House information - the net per capita incomes rose from this past year over year 2.9% while under Trump's brief tenure. Now that is REAL NEWS and it also represents a glimmer of hope - something that was lacking under the former democratic leadership - of which Janet Dudley Eshbach's candidate wholeheartedly endorsed.
I'm sure you've heard of the old saying; No News Is Good News. Well in SU's case they must be worried or they wouldn't have released the fabrication of information.
You say no news is good news to mean that if you do not hear new information about a situation, it is probably because nothing bad has happened.
95% of contractors at SU doing work are not local and from no where near here or out of state.All sports fields from Del contractors.
9:09 your spot on they are full of BS.
Liberals and numbers. It never works out. Just look at boy mayor and how he cooks the books. SU is doing the same thing.
Minus the 1.5 million or more they WAISTED on Bells !!!!
Rentals only butt head
GEE WIZ Y'ALL..... YES, BUT IT WAS COURT COSTS, ATTORNEY FEES PAID, ECT due to all the kiddies being arrested for fighting, being drunk, driving drunk, destruction of private property, ect.
So 4:28 believes that SU put Dresser/Haliburton Industries out of business. LOL.
Responding to 4:28 Post, I believe the poster meant that SU 'dangled a carrot' that might help to lead them away. After all, in case you haven't noticed, SU's comprehensive acquisition plan calls for all adjacent properties to be purchased by the college.
Owe, by the way 4:28 forgot one, the old Temple Hill motel was also purchased by the college so you can tally that one up also.
If Memo prepared it, you can be certain it's wrong.
If this is true, which I suspect its pure propaganda, but for argument's sake assume it's true, then why are locals downright hostile towards the school? Students bring a lot of revenue to Salisbury but the locals treat them horribly. Take landlord Rodney Long. He rents a brick house with no installation to four students at $500 per person. This does not include any utilities and the heating is oil! One student who lived in that house told me their oil bill alone was in the neighborhood of $600+ during winter months because the brick house's lack of installation. Why is he allowed to do this? Simple, because no one, including Code & Compliance, doesn't say a word or fine him. Now he's moved closer to his victims by opening an office in that strip mall that was hit by the tornado over the summer.
One house near the college was renting for $1200 a month by a private owner with sewage backing up into it. The City inspected and fined the owner but never followed through after the owner moved back in, even though they didn't register it as a legal rental.
You have slumlords like this taking advantage of students and the city and county let them get away with it. This negatively impacts the students and sours them on the area and then you all have the audacity to wonder why students don't stay here? Can't imagine why....
IMHO, the press release issued by SU's officials concerning the college's impact on our economy is nothing more than a cover-up. The college is not adding 'economic value' but is contributing to a diminishing real property value. As has been already noted in several of the above comments, when SU takes possession of real property, they are skirting the real property assessments as these properties are taken off the public tax roles. In essence the college is costing all of our locals even more - as all of the other properties assessments have to be raised to make-up for the shortfall.
Bottom line - the SU press release is fraudulent and ought not be allowed to be issued. The SU officials must think we are nothing but a bunch of imbeciles.
Very good points 9:06.The actual bottom line is quite different than the press release suggests.
Is this study supposed to conclude that SU is a fantastic business model? This pure and simple nothing more than redistribution of taxpayer dollars. Gigantic building projects promoted as a donor project, where the donor gives only 5%, to get their name on it, but in reality, the taxpayers pick up 95% of the cost. Should this celebrated? The only statistic that is truthful, is the tuition paid by the students, the rest fantasy. Go ahead SU, pat yourself on the back for having the moral equivalent of a snake.
Who ginned up this BS? Someone in the Publications Dept no less. What a bunch of rubbish. Pure fiction. SU's growth under Eshbach has done more damage to the local community but she had help from Tilghman, Day and Ireton. Salisbury's in the tank because of SU and their constant need to gobble up property, resulting inflated taxes for everyone else.
I'll flat out tell all the readers who was the primary benefactor in SU's expansion (and it wasn't SU's students) it was none other than Janet Dudley Eschbaugh herself. The salary I saw posted several years ago showed her making about 150K a year. Just a few days ago I saw where she had a salary increase of 20K along - and that she is now pushing $400k a year.
So what does she order on the menu - none other than a brainwashing program to try and sterilize our community.
Getting ready to expand again.... Need PR spin...
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