Skip to main content

Primary Navigation

  • About
    • President's Page
    • Presidential Search
    • Board of Trustees
    • Administration
    • Strategic Plans
    • History & Facts
    • Accreditation
    • Accolades
    • The Clarkson Brand
    • Maps & Directions
  • Academics
    • Undergraduate
    • Graduate
    • Continuing & Professional Education
    • School of Arts & Sciences
    • Lewis School of Health Sciences
    • Reh School of Business
    • Coulter School of Engineering
    • Beacon Institute for Rivers and Estuaries
    • Institute for a Sustainable Environment
    • Institute for STEM Education
    • Academic Affairs
    • Student Achievement Services
    • Academic Calendar
  • Admissions
    • First-Year Admissions, Undergraduate
    • Transfer Admissions, Undergraduate
    • International Admissions, Undergraduate
    • Early College Program: The Clarkson School
    • Graduate School Admissions
    • Financial Aid
    • Apply Now
  • Life
    • Office of Student Life
    • Student Clubs & Activities
    • Living on Campus
    • Campus Dining
    • Clarkson Ignite
    • Career & International Experiences
    • Explore the Region
    • Diversity, Equity & Inclusion
    • Student Health & Counseling
    • ROTC
  • Research
  • Athletics
  • News

Information for

  • Visit
  • Apply
  • Request Info
  • Give
  • Alumni
  • Parents
  • Intranet

CU • News & Events

Clarkson University Delivers $346.9 Million Economic Impact to North Country

Release Date
Tuesday April 20, 2021
Clarkson University

A recent study found that Clarkson University provided a $346.9 million impact to the North Country’s economy based on data from 2019, through its institutional operations and jobs related to supporting student services, research and construction. The report comes from the Center for Governmental Research, on behalf of the Commission on Independent Colleges and Universities (CICU).

Expenditures by institutions like Clarkson generate state and local tax revenues, as well as personal income tax revenue. The Rochester-based Center reported that independent colleges and universities generated $97.6 billion in total economic impact for New York State in 2019, which is a 10 percent increase over 2017. In addition, New York State’s Independent Sector directly employed 193,000 people on campuses throughout the state, an increase of three percent over 2017.

“These findings prove the vitally important role that private institutions like Clarkson play as job creators and economic engines throughout New York State,” said Clarkson President Tony Collins.

The study estimates that Clarkson was responsible for 2,320 jobs in the region from both direct and indirect employment through construction and other activities. Another 40 jobs were estimated to have been created from research conducted by the University.

The study looked at three components of total economic impact: institutional impact, which includes spending on instruction, research, construction, salaries and spillover spending; student and visitor impact, which includes spending by students at local stores and restaurants and spending by campus visitors including parents, conference attendees, and sporting event attendees; and academic medical center impact, which includes patient revenue and the benefit of residents and fellows at New York’s nine academic medical centers.

New York’s private, not-for-profit colleges and universities educate nearly 500,000 students annually – 39 percent of the total college students enrolled in the state – and confer 50 percent of the bachelor’s degrees, 73 percent of the master’s degrees, and 79 percent of the doctoral and professional degrees awarded in the state.

As a private, national research university, Clarkson is a leader in technological education and sustainable economic development through teaching, scholarship, research and innovation. We ignite personal connections across academic fields and industries to create the entrepreneurial mindset, knowledge and intellectual curiosity needed to innovate world-relevant solutions and cultivate the leaders of tomorrow. With its main campus located in Potsdam, N.Y., and additional graduate program and research facilities in the New York Capital Region, Beacon, N.Y., and New York City, Clarkson educates 4,600+ students across 95 rigorous programs of study in engineering, business, the arts, education, sciences and health professions. Our alumni earn salaries that are among the top 2.5% in the nation and realize accelerated career growth. One in five already leads as a CEO, senior executive or owner of a company. To learn more about Clarkson University, go to www.clarkson.edu.


Photograph for media use is available at:
/sites/default/files/media/image/2019-11/Clarkson-University.jpg

Photograph Size:
Width: 799px
Height: 444px

News directors and editors: For more information, contact Melissa Lindell, Director of Media Relations, at 315-268-6716 or mlindell@clarkson.edu.

Schools at Clarkson

  • Graduate School
  • School of Arts & Sciences
  • David D. Reh School of Business
  • Wallace H. Coulter School of Engineering
  • Earl R. and Barbara D. Lewis School of Health Sciences
  • Institute for a Sustainable Environment
  • Early College Program: The Clarkson School
  • Institute for STEM Education
  • Beacon Institute for Rivers and Estuaries

Highlights of Excellence

  • Career Center
  • Honors Program
  • ROTC
  • SPEED
  • Student Success Center
  • Writing Center

Research & Innovation

  • Clarkson Center for Complex Systems Science (C3S2)
  • The Center for Advanced Materials Processing (CAMP)
  • Center for Air and Aquatic Resources Engineering & Science (CAARES)
  • Center for Identification Technology Research (CITeR)
  • The Center for Rehabilitation Engineering, Science & Technology (CREST)
  • NYS Center of Excellence in Healthy Water Solutions
  • The Shipley Center for Innovation
  • Clarkson Ignite
  • University Libraries

Clarkson University

8 Clarkson Ave., Potsdam, New York 13699 315-268-6400
80 Nott Terrace, Schenectady, NY 12308 518-631-9831
199 Dennings Ave., Beacon, New York 12508 845-838-1600
Take a Virtual Tour

Organizational Chart
© 2022 by Clarkson University | Contact the Webmaster

  • Human Resources • Giving • Bookstore
  • CARES Act Reports & Consumer Information Disclosures (HEOA)
  • Act on Legal & Moral Concerns