Professor Studies KU Economy
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nKUTZTOWN , PA 19530 KUTZTOWN UNIVERSITY February 26, 1988 Professor studies KU economy by Monica Lee Copy Editor Dr. Charles Coyle, Chairman of the Marketing Department, recently completed his study on Kutztown University's economic impact on the community in 1987. Dr. Coyle thinks the study proves that Kutztown University is more than an educational institution. "Kutztown University is a financial institution which gives back to the community and it is a place of business when it comes to the economic importance in the borough," states Coyle. Coyle did a similar study in 1981 which the Secretary of Education and the Pennsylvania State Legislature used to obtain greater support and financing. The results of the 1987 study are as follows. The total annual expenditures made by 6,080 Dr. Coyle spent hours on a study that revealed KU has more tirnn just an educational institution. university graduate and undergraduate students within the Borough of Kutztown amounted to The university deposited into local banks A contribution of $3,500 was donated to the In aJUuiun IV lue uiicci eiapiuj'niciii v/» ^ . $6,229,974. Within the local community, the total $2,400,000 from federal and state hinds that Kutztown fire company. " ^".-i^^-^^^mmmmtm^ because of the needs of the university, additional employment is created throughout sectors of the expenditures by the university community-including represent financial aid to students. The funds are Local faculty, administration, and staff economy in which university personnel make students, faculty, and staff-amounted to wiihdrawn as payments are made to student contributed an average of 40 hours annually to expenditures. To determine the number of ^10,045,013. accounts. Local bank deposits by faculty, religious, charitable, and non-profit organizations additional jobs created through such spending, When the "Income Multiplier" is applied administration, and staff averaged $5,154.76. within the local community. This average, when employment coefficients ranging bom .00007 to (income generated by successive rounds of Projected over the entire local faculty, projected over the entire faculty, administration, and .000093 were established. Basically, the figures spending), actual expenses by university faculty administration, and staff, the sum would total staff wdio are local residents, totals up to 11,200 mean that 70 to 90 jobs per year are created by every administration and staff within the local community $1,443,333 annually. hours annually. Sixty-four percent of the local one million dollars of spending. amounted to $16,976,072. Total deposits made within local banks by faculty, staff, and administration made Total annual expenses by the university students, faculty, administration, staff and the contributions to local charities wtiich equalled to As a result of the projected spending of community-including students, faculty, university represents the potential for expansion of $141,503 annually. $10,045,013 within the borough by students, faculty, administration, staff, university capital expenditures the credit base within the local economy, which staff and administration, a range of 703 to 934 (non-construction), M.W.Wood, student payroll, and makes loan fiinds available for local residents and In the Borough of Kutztown, there are 360 people additional jobs are created locally. When using the Student Government (payroll only)-amounted to businesses. employed fiill-time at the universiry-of which 280 midpoint of this range and the existing 360 $39,625,618. This sum expanded to $66,967,294 The university paid $190,000 for utility charges, are faculty, administration and staff personnel. Tlie university jobs, approximately 1,178 jobs exist locally throughout all communities as a result of the Income which included a $12,200 annual contribution for others are employed by M.W. Wood (food services) because of the university's presence. Multiplier effect (1.69 multiplied by $39,625,618). the university's construction share of the sewer plant. and the Student Government Board. Hoopsters make KU proud Inside: by Linda Vacaro Presidential Search — Editor-in-Chief Page 2 On Saturday, February 20 at 8:00 p.m., the Kutztown University basketball team faced Cheyney Cruise News University on the court at Keystone Hall, and defeated them 91—81. That KU Hoopster victory clinched Page 6 the Division for the Golden Bears. The top scorers were Marty Eggleston with 25 KU Bands points, Rodney Shorter with 22 points, Jody McMillan with 14 points, and Maurice Williams Page 9 with 17 points and 17 rebounds. With just one game remaining, the Bears will play United Nations — at the PA Conference Tournament Playoffs at California, PA There, the top two East teams, and Page 10 the top two West teams will compete for the PA Conference Championship. Spring Sports The Bears are also ranked in the National Top 20 for Division II. Page 16 The Golden Bears will close the season with a game against Mansfield University at home on Saturday, Feb. 27, at 8.00 p.m. in Keystone Hall. Jody McMillan shoots for a point that brought the hoopsters closer to the Division Come on out and cheer on the Bears! Championship. Ke4^Ato4ie.new s I 2 — The Keystone, Feb. 26, 1988 Presidential Search Underway Mo, a sophomore Business Marketing Management major widi a Speech/Communication minor, wanted to become a member of the Two students committee in order to "stand up for students' rights." Mo would also like to see higher academic chosen to standards at Kutztown University. In order to achieve this, he believes that it is necessary to find a president "who doesn't care if it's a state school, but wants the participate university to stand out." Mo also believes that it is important to locate a president "who knows the needs of students." In addition to serving on the committee. Mo is by Sherri Houtz involved in numerous other activities. He is an R.A of The Keystone in Bonner Hall, secretary of the International Club, a brother of Beta Phi Delta fraternity, where he is a Two KU students, Mustafa Mohamedal' mH litde brotfier and sister coordinator, a Student Cai'ole Hendrick, have been chosen to serve UM tnc Government Board member, and is co-chairperson Presidential Selection Committee, a group whose for the Investigation Committee on Student purpose is to select a new president for Kutztown Government. University. Hendrick, a non-traditional junior Accounting The Committee is composed of four trustees, one major, believes she was probably chosen to be a Management Officer, one SUA member, three faculty member of the committee for her "sincerity of members, two students and one alumnus. Each of fairness and balanced idea of what students want." these groups (except for the alumnus, who is chosen Carole Hendrick Hendrick believes that the selection of a university by the Executive Board of the Alumni Assoc.) elect a president has a "far reaching impact on the member of their respective constituencies to serve on university and, therefore, on quality education." She the committee. In addition, APSCUF and AFSCME would like to see a president who is "more rational each select a member to serve on die committee. than political" and one who has "the vision to see The process of nationally selecting a university the need for change because of the growing student president takes approximately one year and costs population." about $30,000. "The president should be aware of what is The presidential selection process for KU has not happening with student morale and needs," says yet begun. The university has been .without an Hendrick. She also believes that it is vital to the official president since the death of Dr. Lawrence M. future of the university that students are represented, Stratton last semester. and is "encouraging students to share their ideas The Presidential Selection Committee Service and comments with her." (PSCS), a group of professionals who confidentially "I want to do a good job and I need help from question students, faculty, staff and administration other students," Hendrick states. as to their likes and dislikes concerning the If you would like to discuss with Hendrick any university, did a presearch study to learn more about ideas you may have concerning the university, she_ the university and its future priorities. They will ca.i be reached in Rm. 105 of the North Student make recommendations for a new president to the Center at the following times: Mon. 10 a.m. to 3 Presidential Selection Committee on March 4, when p.m., Tue./Thurs. 9 a.m. to 12 p.m.. Wed. 12p.m. to the first Search Committee meeting will be held. 3 p.m., Fri. 12 to 1:30 p.m. In order to be selected as a student member of die Hendrick is treasurer of the Association of Non- Presidential Selection Committee, it was necessary to Traditional Students and a Commuter Advisor. submit a letter of intent to Student Government. Of Hendrick declared that she is glad to be a part of those who submitted letters, Mustafa (Mo) and the selection committee. "The experience will be Hendrick were chosen to represent the student body. Mustafa Mohamedali incredible," she maintained. input, and the student body is more than welcome to Rosen will work widi other members of the attend the Council of Trustees meetings," Rosen Council to help this university become even better. "1 stated. She believes that people should get involved am really honored to be on the Council of Trustees Non-trad named to trustees more in university policies. "I like listening to and I think that Kutztown is a good school," she suggestions, problems, and ideas," Rosen said. Rosen assures the student body that she will maintained. "work to do her best" as a member of KU's Council of Trustees.