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Nye County – 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.
 
DeVry University-Nevada
Wongu University of Oriental Medicine  
Carrington College-Las Vegas  
Las Vegas College  
Chamberlain University-Nevada  
Pima Medical Institute-Las Vegas  
Arizona College of Nursing-Las Vegas  
Roseman University of Health Sciences  
Touro University Nevada  
Northwest Career College  
Nevada State University  
College of Southern Nevada  
University of Nevada-Las Vegas  
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
96
39

22,947
8,147

31,094
25
9
15
33
1
0
13
1
3

25,794
4
78
18
0

5,300

18

8,685
8,737
8,947
9,142


26,504
26,504
43,460

28,540
28,540
45,496

15,830
15,830
32,786

0
4,719
1,227
250
283
0

1,679
162
0
77
140
273
554
301
415
330
315
1
412
124
35
4,818
NA
NA

9,509
19,572

29,081
25
10
9
41
1
0
8
5
1

29,081
12
52
35
0

0

21

3,878
3,848
3,968
4,110


NA
NA
NA

21,370
21,370
29,469

10,400
10,400
18,499

3,170
123
0
0
0
0

863
0
0
17
36
104
94
36
126
6
55
0
201
44
4
1,586
86
35

2,273
5,010

7,283
18
9
12
41
1
0
6
12
0

7,224
41
35
24
0

59

19

6,075
6,075
6,225
6,368


NA
NA
NA

25,418
25,418
39,499

14,439
14,439
28,520

0
849
40
0
0
0

249
0
0
3
22
72
28
19
51
1
3
0
41
0
0
489
NA
NA

2,222
0

2,222
15
32
5
35
2
1
10
0
0

2,222
0
42
58
0

0

36

NA
NA
NA
NA


NA
NA
NA

NA
NA
NA

NA
NA
NA

101
NA
NA
NA
NA
NA

61
0
0
0
21
13
15
2
5
0
3
19
15
7
0
161
NA
NA

1,308
317

1,625
39
5
32
11
0
0
6
6
0

19
0
11
89
0

1,606

9

NA
NA
NA
NA


NA
NA
NA

NA
NA
NA

NA
NA
NA

0
14
168
3
264
0

120
1
0
3
7
50
3
17
3
10
29
0
60
3
0
306
NA
NA

1,398
0

1,398
37
4
33
10
1
0
11
4
1

554
0
52
48
0

844

10

NA
NA
NA
NA


NA
NA
NA

NA
NA
NA

NA
NA
NA

0
314
27
0
231
0

143
3
0
8
19
57
25
26
12
11
51
0
72
13
0
440
100
60

802
383

1,185
16
15
24
32
3
0
8
1
0

1,185
0
28
72
0

0

20

20,170
20,826
21,653
22,426


NA
NA
NA

44,773
44,773
44,773

29,463
29,463
29,463

0
196
0
0
0
0

51
0
0
0
11
11
0
1
5
0
0
0
3
0
0
82
NA
NA

748
0

748
25
10
13
35
2
0
14
1
0

748
0
51
49
0

0

25

NA
NA
NA
NA


NA
NA
NA

NA
NA
NA

NA
NA
NA

164
NA
NA
NA
NA
NA

39
0
0
0
12
3
0
0
0
0
0
0
9
2
0
65
75
67

245
328

573
25
10
31
27
2
1
2
1
0

573
0
33
66
0

0

12

19,766
19,982
20,142
20,462


NA
NA
NA

45,594
45,594
45,594

28,870
28,870
28,870

0
170
0
0
0
0

24
0
0
0
15
2
2
1
0
0
0
0
1
0
0
45
NA
NA

545
0

545
18
22
18
26
3
0
3
8
0

545
0
28
72
0

0

19

14,903
15,663
16,695
17,684


NA
NA
NA

38,206
38,206
38,206

23,698
23,698
23,698

121
2
0
0
0
0

28
0
0
1
15
5
1
0
0
0
6
0
3
0
0
59
NA
NA

359
0

359
13
21
13
34
3
0
5
10
1

359
0
33
67
0

0

14

NA
NA
NA
NA


NA
NA
NA

NA
NA
NA

NA
NA
NA

73
NA
NA
NA
NA
NA

25
0
0
0
2
12
0
0
0
0
0
0
3
0
0
42
NA
NA

18
7

25
40
24
24
4
0
0
4
4
0

0
NA
NA
NA
NA

25

NA

NA
NA
NA
NA


NA
NA
NA

NA
NA
NA

NA
NA
NA

0
0
10
0
0
0

4
0
0
0
2
4
1
1
0
0
1
0
3
0
0
16
NA
NA

1
3

4
25
25
0
50
0
0
0
0
0

4
0
25
75
0

0

1

17,872
17,488
17,488
17,488


NA
NA
NA

42,312
42,312
42,312

25,596
25,596
25,596

1
5
0
0
0
0

4
0
0
0
2
1
0
0
0
0
0
0
0
0
0
7


Sources: STI: PopStats and STI: Colossus