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+ ACI Colleges and Universities Contribute More than $3.5 Billion to Illinois Economy, Updated Figures Show
+ Elmhurst College to Become Elmhurst University in 2020
ACI Colleges and Universities Contribute More than $3.5 Billion to Illinois Economy, Updated Figures Show
Aug. 15, 2019
ACI’S 26 member colleges and universities contribute an economic value of more than $3.5 billion to the Illinois economy, according to updated, publicly available information compiled by ACI. In addition, the member schools employ more than 34,000 people, enroll nearly 70,000 students and provide $900 million in financial aid.
The updated 2019 information is available on the ACI website on the Member School Data web page.
Comparative data also shows that ACI member colleges graduate significantly more education and nursing majors than larger, nonmember colleges and universities in Illinois.
“Members, donors, employers and other ACI partners have expressed a significant interest in this information on our website,” said Mick Weltman, ACI executive director. “The data shows ACI member colleges and universities have small faculty-student classroom ratios, a wide range of academic programs and majors, and strong employment rates for their students within two years after graduation.”
The updated data is available in aggregated form, as well as individual data per member school. ACI’s compilation includes several data points about its members:
- Demographic information
- Academic programs
- Employment statistics after graduation
- State economic impact and jobs
- Financial aid provided by each institution
“We want to encourage sharing this information with individuals, families, school personnel, human resources professionals, business contacts and others,” Weltman said.
The data was updated by Quinn Leach, intern and North Park University graduate, and Eli O’Sullivan Kurtz, ACI manager of operations and research, using publicly available sources. Sources included member schools’ own websites, plus data from the Federation of Independent Colleges and Universities’ Economic Input Calculator and the National Center for Education Statistics’ Integrated Postsecondary Education Data System.
Elmhurst College to Become Elmhurst University in 2020
Aug. 2, 2019
Elmhurst College will change its name to Elmhurst University, effective June 30, 2020, according to a news release from the college.
“At this pivotal time in our history, less than two years away from our 150th anniversary in 2021, the decision to change our name to Elmhurst University marks the exciting start of the next chapter of our story,” said Elmhurst College President Troy D. VanAken. “While this is certainly a new and significant development, it is the result of an ongoing, collaborative process. It reflects discussions that have been taking place for some time regarding how we should celebrate who we are, what we have become, and what we need to be in order to best serve our students for generations to come.”
The Elmhurst College Board of Trustees approved the new name June 15, according to the release. The university name more accurately reflects Elmhurst’s current educational profile as a comprehensive higher education institution offering undergraduate and graduate programs in the liberal arts and applied sciences, while anticipating opportunities for new programs and partnerships. The change comes at a time when the college has seen record enrollments and fundraising in the past couple of years.
Elmhurst College is one of 26 ACI member colleges and universities.
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