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May I Have the Keys, Dad?
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Giving Update May 2007: Volume 4, Number 2

UC San Diego = Return on Investment

In just 50 years, UC San Diego has achieved the extraordinary in education, research and innovation. Our stellar alumni and faculty have been awarded Nobel Prizes, National Medals of Science, Pulitzer Prizes and many other honors. 

UC San Diego was named by Washington Monthly as the nation’s top university for what it is “doing for the country.” Locally, the economic impact of UC San Diego and its alumni is extraordinary.

UC San Diego faculty, staff and alumni have started 646 companies nationwide—including the alumni companies showcased on page 27. These companies create more than 18,000 jobs. In San Diego alone, their total economic impact is more than $20 billion.

While less than 10 percent of the University’s operating budget comes from state funds, that small investment results in significant impact to the region’s economy, health care, skilled workforce, businesses, jobs and much more.

Yet over the last three years, UC San Diego has faced permanent state-based budget reductions of more than $90 million. When combined with other one-time reductions, the cumulative three-year budget impact is a loss of over $225 million. The Governor’s proposed budget for 2011-12 would equate to another permanent reduction of at least $60 million. For the first time, students’ contribution through their tuition will surpass the state’s funding for their education.

In a time when the demand for science and engineering jobs have grown by about 5 percent a year, the country has more than two million jobs unfilled because of lack of skills. According to the book Closing America’s Job Gap, by past UCSD Alumni board president Henry DeVries, ’79, associate vice chancellor for public programs and dean of UC San Diego Extension Mary Walshok and economist Tapan Munroe, more than 75 percent of U.S. jobs will require special skills by 2015.

Now more than ever, it is essential to train a skilled workforce and provide access to the world-class education that UC San Diego provides.

How can you help? Your charitable support to UC San Diego in the area of your choice—from student scholarships to cutting-edge research—will have an incredible impact on the campus, students and our community locally and globally. Gifts of all sizes will ensure UC San Diego’s excellence for the next five decades and represent a critical investment in the future of California.

For more information on the budget, visit budgetline.ucsd.edu. To learn about giving to UC San Diego, visit giving.ucsd.edu.