Fast Facts

This call to action recommends the establishment of a new $50 billion education investment fund in teaching and research facilities for colleges and universities. Such an investment would quickly…

• Immediately employ people to construct educational facilities
• Provide needed growth in educational facilities to serve the projected increase of historically-disadvantaged segments of the population
• Generate new knowledge for new jobs – similar to the lasting success of Silicon Valley and Research Triangle Park

There are hundreds of university projects that are shovel-ready now or could be in
three to six months. Here are the facts:

• $50 million for a new academic facility would create up to 1,000 construction-related jobs over a two year period and would create space for long-term employment of 250 faculty and staff
• $1 billion for a state-wide program of academic buildings would create 20,000 construction-related jobs and would create space for long-term employment of 5,000 faculty and staff
• A national program of $50 billion would create 1 million construction-related jobs and would create space for long-term employment of 250,000 faculty and staff