President James Davis called for a New Deal for CUNY as he testified Monday alongside leaders of UUP and NYSUT at a legislative hearing about state funding for higher education. Click here for the PSC’s budget platform, which calls for a $431 million increase in CUNY’s state operating funds, $983 million in new capital investments and $284 million to make CUNY community colleges tuition-free. Click here for the union’s written testimony. Video of testimony of President Davis is posted here at the [4:35:56] timestamp.
PSC Testimony on CUNY as a wise investment
CUNY is an economic engine for New York State through good times and bad. The university guides roughly 55,000 graduates into the workforce each year. PSC members continue to provide quality education and essential services under difficult circumstances to over 200,000 students.
We also know that CUNY is a catalyst for the state economy and should be understood as a sound investment. In 2019 alone, CUNY graduates earned $57 billion and paid $4.2 billion in state taxes. Few questions would be asked of any other industry with this return on an investment about its need for full funding. I can assure you, CUNY is well worth your support.
Published: March 2, 2023