The educational opportunities offered by The University of Texas Permian Basin enhance employment prospects for students and improve the regional workforce and economic development potential. In fulfilling its primary role, UT Permian Basin generates a significant economic stimulus as well as incremental tax receipts. The University provides direct well-paying jobs, engages in major projects, and supports important research. Graduates are essential to the current and future business complex and enhance the competitiveness of the area. These activities contribute to the economy of the local area, region, state, and nation.
Dr. Perryman illustrates the economic value of proceeding with the football season for the Big 12 Conference.
US News and World Report's most watched college rankings has several California public universities ranked ahead of UT. Dr. Perryman says that is troubling.
One part of the education debate in the legislature involves making college more affordable. Dr. Perryman says it is critical to the state's long term technological future.
As the COVID-19 pandemic emerged this spring, college campuses across the United States swiftly sent students home in droves and switched to online distance learning. The quick transition came with hopes and expectations that things would be largely back to normal by the fall. However, such is not the case, and uncertainty is growing as the time to prepare is diminishing.
It is widely known that, in general, more education leads to higher incomes. The US Bureau of Labor Statistics tracks median weekly earnings by education level, and recently released a summary of results going back to 2010. The differences are striking and undeniable.
Texas' smaller metropolitan areas will likely be the source for one of every six net new jobs over the long term, and are an important contributor to overall economic growth. These 20 metropolitan statistical areas (MSAs) range in population size from less than 100,000 to almost 850,000 residents, serving as centers for business activity for the surrounding smaller communities and rural areas.