A True Stimulus as a Call to Action

The discoveries at our universities have led to the creation of industries, companies and tens of thousands of jobs throughout the United States.

Today, these universities continue to be the source of discoveries that will be engines for future growth and economic development and can continue to be so with ongoing investment. However, many state university systems now face shrinking endowments and diminishing state and federal assistance. And as nations in Asia, the Middle East, and elsewhere are investing substantial government funds in basic research and development as well as in new research universities, our nation is losing ground.

Federal funding of much-needed new construction projects on our nation’s campuses could create upwards of one million jobs and have a direct and immediate impact on economic activity beyond the dollars expended.

Take Action Now

As the Carnegie Foundation’s Higher Education Investment Act – An Open Letter to President-Elect Obama and His Administration has stated:

“A commitment of 5 percent of the economic stimulus package—in the range of $40 to $45 billion—toward higher education facilities will provide the stimulus that will propel the nation forward in resolving its current economic crisis and lay the ground-work for international economic competitiveness and the well-being of American families into the future.”

The time to act is now. Take Action Now