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St. Bernard Parish – Colleges/Universities 2023-2024

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Universities play a crucial role in shaping local economies by driving employment, fostering business growth, attracting investment, and enhancing the overall quality of life in their host communities. Their economic impact extends beyond direct spending to include long-term benefits such as workforce development, innovation, and cultural enrichment. Below, we explore the key ways in which a university influences a local economy.

  1. Direct Employment and Spending A university is often one of the largest employers in a local area, providing jobs for faculty, administrative staff, maintenance workers, and other professionals. These employees spend their salaries on housing, groceries, transportation, and entertainment, injecting money into the local economy. Additionally, universities spend significant amounts on construction, utilities, and local services, further stimulating business activity.

    Students also contribute to local spending. Many bring outside money into the community through tuition payments, federal aid, and personal expenditures on rent, food, and retail. A large student population can sustain businesses such as bookstores, coffee shops, restaurants, and housing providers.

  2. Business Development and Entrepreneurship Universities often serve as hubs for innovation and entrepreneurship. Research institutions, business incubators, and technology transfer offices help commercialize academic research, leading to startup formation and industry partnerships. For example, Stanford University's role in Silicon Valley's growth demonstrates how academic institutions can spur regional economic development.

    Local businesses benefit from university partnerships, including procurement contracts for supplies, catering, and maintenance services. Furthermore, universities attract conferences, sporting events, and cultural activities that generate tourism revenue for hotels, restaurants, and transportation services.

  3. Human Capital and Workforce Development A well-educated workforce is essential for economic competitiveness. Universities produce graduates with specialized skills that attract high-paying industries, such as technology, healthcare, and finance. Many graduates remain in the area, filling critical roles in local businesses and government.

    Universities also offer continuing education programs, professional certifications, and workforce training initiatives that help upskill local employees, making the regional labor market more adaptable to industry changes.

  4. Real Estate and Infrastructure Growth The presence of a university can drive demand for housing, both from students and faculty. This often leads to the development of new apartments, condominiums, and mixed-use commercial spaces. Over time, universities contribute to urban revitalization by investing in campus expansions, public transit improvements, and community amenities like libraries and parks.

    However, rapid growth can also lead to challenges, such as rising housing costs and gentrification, which may displace long-term residents. Local governments must balance economic expansion with policies that ensure affordable housing and equitable development.

  5. Cultural and Social Contributions Beyond economics, universities enrich local culture through arts programs, public lectures, and athletic events. These activities improve residents' quality of life, making the area more attractive to businesses and skilled workers. A vibrant university town often sees increased property values and a more diverse, engaged community.


Conclusion

The economic impact of a university on a local economy is multifaceted, encompassing job creation, business growth, talent development, and infrastructure investment. While challenges such as affordability and displacement must be managed, the long-term benefits-including innovation, increased tax revenues, and a more dynamic workforce-make universities vital engines of regional prosperity. By fostering collaboration between academia, government, and industry, communities can maximize these advantages while ensuring inclusive growth.
 
The Chicago School at Xavier University of Louisiana
Saint Joseph Seminary College  
Bridges Christian College  
Dillard University  
NationsUniversity  
University of Holy Cross  
Southern University at New Orleans  
New Orleans Baptist Theological Seminary  
Louisiana State University Health Sciences Center-New Orleans  
Xavier University of Louisiana  
Loyola University New Orleans  
Northshore Technical Community College  
University of New Orleans  
Tulane University of Louisiana  
Percent admitted - total
Admissions yield - total

Full-time enrollment
Part-time enrollment

Total  enrollment
% White
% Black
% Asian
% Hispanic
% Native Hawaiian or Other Pacific Islander
% American Indian or Alaska Native
% two or more races
% Race/ethnicity unknown
% U.S. Nonresident

Undergraduate enrollment
% under 18
% 18-24
% 25-64
% over 65

Graduate enrollment

Student-to-faculty ratio

Tuition and fees, 2020-21
2021-22
2022-23
2023-24

Total price for
In-district students living on campus  2023-24
In-state students living on campus 2023-24
Out-of-state students living on campus 2023-24

In-district students living off campus (no family)  2023-24
In-state students living off campus (no family)  2023-24
Out-of-state students living off campus (no family)  2023-24

In-district students living off campus (w/ family)  2023-24
In-state students living off campus (w/ family)  2023-24
Out-of-state students living off campus (w/ family)  2023-24

Associate's degree
Bachelor's degree
Master's degree
Doctor's degree - research/scholarship
Doctor's degree - professional practice
Doctor's degree - other

Instructional FTE
Research FTE
Public Service FTE
Librarians, Curators, and Archivists FTE
Student/Academic Affairs and Other Education Services FTE
Management FTE
Business and Financial Operations FTE
Computer, Engineering, and Science FTE
Community Service, Legal, Arts, and Media FTE
Healthcare FTE
Service FTE
Sales and Related FTE
Office and Administrative Support FTE
Natural Resources, Construction, and Maintenance FTE
Production, Transportation, and Material Moving FTE
Total FTE staff
15
46

10,557
2,521

13,078
57
10
6
10
0
0
4
3
10

8,077
21
75
4
0

5,001

8

58,852
60,814
62,844
65,538


87,446
87,446
87,446

87,446
87,446
87,446

73,458
73,458
73,458

0
2,054
1,525
172
389
0

1,711
261
0
81
51
1,108
304
236
276
523
367
1
547
122
26
5,614
67
17

4,431
2,170

6,601
45
22
8
14
0
0
5
3
4

5,476
17
67
16
1

1,125

18

9,072
9,072
9,172
9,172


28,570
28,570
33,406

27,911
27,911
32,747

16,396
16,396
21,232

0
878
393
38
0
0

292
30
322
16
34
134
38
17
30
0
19
0
84
0
0
1,016
NA
NA

1,542
4,174

5,716
61
30
1
5
0
0
1
0
0

5,716
51
36
14
0

0

34

4,103
4,203
4,203
4,203


NA
NA
NA

22,764
22,764
22,764

11,427
11,427
11,427

163
NA
NA
NA
NA
NA

99
0
0
3
3
26
43
1
3
0
2
0
12
7
0
199
88
13

3,645
706

4,351
48
19
3
18
0
0
5
3
4

3,205
4
89
7
0

1,146

13

42,278
43,498
45,030
47,240


67,040
67,040
67,040

67,040
67,040
67,040

52,040
52,040
52,040

0
651
229
0
199
0

295
0
8
12
9
125
21
29
104
0
29
0
65
16
9
722
74
10

3,007
174

3,181
4
79
4
4
0
0
4
3
3

2,591
4
94
2
0

590

11

25,822
26,398
26,863
27,868


41,754
41,754
41,754

47,148
47,148
47,148

31,668
31,668
31,668

0
419
106
6
136
0

268
1
0
13
7
74
47
56
80
9
59
1
101
5
17
738
NA
NA

2,525
158

2,683
65
12
11
7
0
0
2
2
2

843
0
75
25
0

1,840

3

NA
NA
NA
NA


NA
NA
NA

NA
NA
NA

NA
NA
NA

2
314
157
24
377
0

817
81
0
19
5
259
327
91
10
82
226
0
85
63
0
2,065
NA
NA

819
1,447

2,266
66
10
2
4
0
1
0
9
7

770
0
20
76
4

1,496

14

9,320
9,760
10,820
11,540


21,360
21,360
21,360

36,199
36,199
36,199

15,140
15,140
15,140

23
58
225
78
0
0

79
1
0
7
19
32
7
11
34
0
30
0
55
18
0
293
60
9

1,091
968

2,059
3
87
3
4
0
0
2
1
0

1,773
30
37
32
1

286

13

7,059
7,059
7,471
7,490


25,054
25,054
33,954

26,051
26,051
34,951

14,714
14,714
23,614

2
223
89
0
0
0

103
2
4
4
30
44
10
11
2
0
25
0
22
4
1
262
99
8

429
723

1,152
39
24
3
11
0
0
4
19
0

806
41
34
24
0

346

6

15,280
15,280
15,960
16,160


33,550
33,550
33,550

34,721
34,721
34,721

23,384
23,384
23,384

3
92
68
37
0
0

93
0
0
4
0
11
4
4
1
0
8
0
15
0
0
140
NA
NA

150
982

1,132
9
2
0
1
0
0
0
87
0

447
0
5
90
5

685

43

NA
NA
NA
NA


NA
NA
NA

NA
NA
NA

NA
NA
NA

0
7
22
0
0
0

10
0
0
0
5
0
2
1
0
0
0
0
0
0
0
18
41
8

1,076
46

1,122
1
89
0
3
0
0
3
3
2

1,117
1
93
6
0

5

11

19,281
19,284
20,224
22,194


41,204
41,204
41,204

40,755
40,755
40,755

29,418
29,418
29,418

0
222
0
0
0
0

91
0
0
5
47
49
17
4
13
1
43
0
25
12
3
310
NA
NA

85
39

124
81
12
0
6
0
0
1
0
0

110
0
38
62
0

14

3

6,600
6,600
6,600
6,600


NA
NA
NA

24,022
24,022
24,022

12,774
12,774
12,774

0
6
0
0
0
0

6
0
0
0
6
0
1
0
0
0
0
0
1
0
0
14
NA
NA

96
3

99
55
2
7
22
0
2
3
7
2

99
0
79
21
0

0

5

21,550
22,810
24,725
26,770


49,944
49,944
49,944

NA
NA
NA

NA
NA
NA

0
23
0
0
0
0

20
0
2
2
1
4
6
2
1
1
3
0
5
4
0
51
NA
NA

22
0

22
41
45
0
14
0
0
0
0
0

0
NA
NA
NA
NA

22

NA

NA
NA
NA
NA


NA
NA
NA

NA
NA
NA

NA
NA
NA

0
0
0
0
5
0

4
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4


Sources: STI: PopStats and STI: Colossus