​The Economic Value of QC

QC enhances both the lives of its students and the regional economy. The college supports a variety of industries in the New York City metropolitan area, serves regional businesses, and—by generating economic activity and improving the overall quality of life—advances the society of New York. The benefits created by QC even extend to the state and local government through increased tax revenues and public-sector savings.

This study by Emsi–an independent labor market analytics firm and leading provider of economic impact studies to international educational institutions–measures QC’s economic impacts on the business community and the benefits the college generates in return for the investments made by its key stakeholder groups: students, alumni, taxpayers, and society. Using a two-pronged approach that involves an economic impact analysis and an investment analysis, this study calculates the benefits received by each of these groups. Results of the analysis reflect fiscal year (FY) 2017-18.