Arizona State University continues to pad Phoenix’s growing, educated workforce
Throughout 2018, ASU awarded more degrees than all other Arizona state schools combined for a total of 25,974 total degrees.
April 02, 2019
- Throughout 2018, ASU awarded more degrees than all other Arizona state schools combined for a total of 25,974 total degrees (18,178 undergraduates, and 7,796 graduates). The footprint of current students and alumni continues to widen with a total of $4.3 billion of annual economic impact throughout Arizona and $13 billion in total wages earned annually by ASU graduates in the Arizona workforce just in 2018. Currently, ASU’s total presence totals to over 100,000 students, with just over 52,000 on campus throughout the metro area.
- Of the 25,974 degrees awarded in 2018, just under 7,000 fall into the STEM field. Since 2008, STEM graduates are growing consistently at an average rate of 8.5% per year, feeding Phoenix’s technology hubs throughout Tempe, Chandler, South Scottsdale, and Downtown Phoenix.
- In addition to the four current campuses throughout the Valley, a fifth expansion is planned within the heart of Mesa with a focus in film studies and technology. The first 100,000 square-feet is scheduled to be opened by the fall semester of 2021. Downtown Mesa could be in store for a revitalization similar to that of Downtown Phoenix, with the surge of the millennial population completely revamping the scope of entertainment and multifamily living options.
Source: JLL Research, asu.edu