Arizona State University: 2018 highlights
Arizona State University continued to contribute positively to the Phoenix Metropolitan economy throughout 2018.
January 08, 2019
- Arizona State University continued to contribute positively to the Phoenix Metropolitan economy throughout 2018, with over $4.3 billion of annual economic impact on the state of Arizona, and over $13 billion in wages earned annually by graduates of ASU.
- ASU’s initiative towards becoming a notable research institution is also flourishing, with over $604 million of estimated research expenditures this fiscal year. Prominent strides in cancer research are being made, as ASU became one of 13 research institutions internationally to be selected by NCI’s Cancer Systems Biology Consortium; a grant of $8.5 million is being given to ASU for a new research facility.
- Notable expansions of ASU’s presence include the planned Mesa campus, a new journalism hub in downtown Los Angeles, and the Sandra Day O’Connor Washington Center in Washington D.C.
- ASU has also forged a partnership with Uber throughout the year in pursuit of creating a tuition coverage program for eligible drivers and members of their family.
Source: JLL Research, Arizona State University’s “Annual Report”