Combined Universities Cornwall: Economic benefits
- Created by: katherine.b
- Created on: 23-03-18 14:58
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- CUC CORNWALL: ECONOMIC BENEFITS
- university attracts visitors of prospective students, families and researchers
- use of services all year round rather than just in tourist season
- students create a healthy rental market
- combats the 'brain drain'
- greater no. of residents at a working age
- greater no. of people working and paying taxes
- greater no. of people using services
- greater no. of properties rented all year round rather than just in tourist season
- CUC scheme helps graduates secure jobs in the 'knowledge economy'
- CUC ran a very successful graduate placement scheme called Unlocking Cornish potential which has placed over 1300 graduated with small and medium sized businesses in Cornwall since 2004
- students create a 'night life' by visiting restaurants, bars and clubs
- According to an independent study by CUC, the partnership project will create more than 4000 jobs by the year 2025
- CUC help graduates set up their own businesses
- this serves as local investment creating new jobs for already present residents
- 4 out of 5 students on Plymouth University’s accredited course at Truro College and Cornwall and Pen with College are local people and some subjects attract people from much farther afield
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