Bill Overview
Title: University Centers for Growth, Development, and Prosperity Act of 2022
Description: of 2022 This bill requires the Economic Development Administration (EDA) to establish in each state a university center at an institution of higher education that must, to the extent possible, collaborate with economic development districts, provide technical assistance and business development services to area businesses, and conduct research and analysis relating to economic development. In selecting such centers, the EDA must prioritize Historically Black Colleges and Universities, Tribal Colleges and Universities, Hispanic-Serving Institutions, and other minority-serving institutions.
Sponsors: Sen. Padilla, Alex [D-CA]
Target Audience
Population: People associated with minority-serving institutions and communities benefiting from economic development services
Estimated Size: 40000000
- The bill targets university centers at institutions of higher education, particularly those that are minority-serving.
- It affects students, faculty, and staff at these institutions who may benefit from new resources and research initiatives.
- Local businesses and communities near these institutions could benefit from technical assistance and business development services provided by the university centers.
Reasoning
- The policy is likely to primarily impact students, faculty, and staff at minority-serving institutions, as well as local businesses and communities by providing them with new resources for education and economic development.
- We need to consider a diverse range of individuals impacted by the policy, including those who are directly involved with the university centers and those in surrounding communities.
- Some individuals may not see a direct or immediate impact from the policy due to its focus on minority-serving institutions and specific types of business development support.
- The budget constraints imply that not every institution or community in every state will be supported equally, and some might only see limited changes.
Simulated Interviews
College Student (Tuskegee, AL)
Age: 22 | Gender: female
Wellbeing Before Policy: 5
Duration of Impact: 5.0 years
Commonness: 4/20
Statement of Opinion:
- I think the establishment of a university center on our campus will provide great opportunities for students like me to network and gain real-life business insights.
- I hope these centers will help us in finding internships or projects that relate to our studies.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 6 | 5 |
| Year 2 | 7 | 5 |
| Year 3 | 7 | 5 |
| Year 5 | 8 | 5 |
| Year 10 | 6 | 5 |
| Year 20 | 5 | 5 |
Community Business Owner (Durango, CO)
Age: 38 | Gender: male
Wellbeing Before Policy: 6
Duration of Impact: 10.0 years
Commonness: 3/20
Statement of Opinion:
- The technical assistance and business development services could really help small businesses like mine grow and adapt to new market trends.
- I look forward to potentially collaborating with the university on new projects or ideas.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 6 | 6 |
| Year 2 | 6 | 6 |
| Year 3 | 7 | 6 |
| Year 5 | 7 | 6 |
| Year 10 | 8 | 6 |
| Year 20 | 6 | 6 |
University Research Assistant (Los Angeles, CA)
Age: 29 | Gender: female
Wellbeing Before Policy: 7
Duration of Impact: 7.0 years
Commonness: 5/20
Statement of Opinion:
- I'm excited about the potential collaboration opportunities with economic development districts that this policy could foster.
- It might bring more funding and resources for our research projects, which can increase our impact.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 8 | 7 |
| Year 2 | 8 | 7 |
| Year 3 | 9 | 7 |
| Year 5 | 9 | 6 |
| Year 10 | 8 | 6 |
| Year 20 | 7 | 6 |
University Administrator (Jackson, MS)
Age: 45 | Gender: male
Wellbeing Before Policy: 6
Duration of Impact: 10.0 years
Commonness: 2/20
Statement of Opinion:
- The university center could be a key piece in strategizing our community development efforts.
- I expect initial challenges in aligning the university's goals with community needs, but the potential is promising.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 6 | 6 |
| Year 2 | 7 | 6 |
| Year 3 | 7 | 6 |
| Year 5 | 8 | 6 |
| Year 10 | 8 | 6 |
| Year 20 | 6 | 5 |
Non-Profit Director (Albuquerque, NM)
Age: 52 | Gender: female
Wellbeing Before Policy: 7
Duration of Impact: 10.0 years
Commonness: 3/20
Statement of Opinion:
- I'm hopeful that the policy will strengthen our partnerships with local universities and that we can tap into new resources.
- The success will largely depend on how well these centers integrate with existing community services.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 7 | 7 |
| Year 2 | 8 | 7 |
| Year 3 | 8 | 7 |
| Year 5 | 9 | 7 |
| Year 10 | 8 | 7 |
| Year 20 | 7 | 6 |
College Freshman (Alamosa, CO)
Age: 19 | Gender: male
Wellbeing Before Policy: 6
Duration of Impact: 5.0 years
Commonness: 5/20
Statement of Opinion:
- It sounds promising that the university center could offer extra-curricular projects or club resources, hopefully in tech and business.
- I'd like to see how soon these changes will be implemented.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 7 | 6 |
| Year 2 | 7 | 6 |
| Year 3 | 8 | 6 |
| Year 5 | 8 | 5 |
| Year 10 | 6 | 5 |
| Year 20 | 6 | 5 |
Local School Teacher (Fargo, ND)
Age: 60 | Gender: female
Wellbeing Before Policy: 5
Duration of Impact: 3.0 years
Commonness: 3/20
Statement of Opinion:
- If effective, these centers could connect our students with valuable career opportunities and real-world insights.
- I wonder if there will be specific programs for transitioning students from high school to higher ed.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 6 | 5 |
| Year 2 | 6 | 5 |
| Year 3 | 6 | 5 |
| Year 5 | 6 | 5 |
| Year 10 | 6 | 5 |
| Year 20 | 5 | 5 |
Recent Graduate (Barnesville, GA)
Age: 30 | Gender: other
Wellbeing Before Policy: 4
Duration of Impact: 5.0 years
Commonness: 4/20
Statement of Opinion:
- Hopefully the policy creates more job opportunities capitalizing on my degree.
- It targets HBCUs, so it might benefit recent grads like me indirectly through improved university business ties.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 5 | 4 |
| Year 2 | 5 | 4 |
| Year 3 | 5 | 4 |
| Year 5 | 6 | 4 |
| Year 10 | 5 | 4 |
| Year 20 | 4 | 3 |
High School Principal (San Antonio, TX)
Age: 50 | Gender: male
Wellbeing Before Policy: 5
Duration of Impact: 2.0 years
Commonness: 3/20
Statement of Opinion:
- Greater collaboration with local universities might enhance our current educational programs.
- However, I'd like to see substantial support for secondary schools leading to direct results.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 5 | 5 |
| Year 2 | 5 | 5 |
| Year 3 | 5 | 5 |
| Year 5 | 6 | 5 |
| Year 10 | 5 | 5 |
| Year 20 | 5 | 5 |
Tech Entrepreneur (New York, NY)
Age: 34 | Gender: female
Wellbeing Before Policy: 7
Duration of Impact: 8.0 years
Commonness: 1/20
Statement of Opinion:
- Any initiative that strengthens university-industry relations benefits the tech sector and startups.
- If these centers focus on innovation and tech, our partnerships could grow significantly.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 7 | 7 |
| Year 2 | 8 | 7 |
| Year 3 | 9 | 7 |
| Year 5 | 8 | 7 |
| Year 10 | 7 | 6 |
| Year 20 | 7 | 5 |
Cost Estimates
Year 1: $150000000 (Low: $120000000, High: $180000000)
Year 2: $155000000 (Low: $125000000, High: $185000000)
Year 3: $160000000 (Low: $130000000, High: $190000000)
Year 5: $170000000 (Low: $140000000, High: $200000000)
Year 10: $200000000 (Low: $160000000, High: $240000000)
Year 100: $300000000 (Low: $240000000, High: $360000000)
Key Considerations
- The bill's prioritization of minority-serving institutions may require adjustments in funding allocations to address specific institutional needs.
- Economic benefits are skewed towards regions with existing higher education facilities that receive investments.
- State capabilities and engagement levels can heavily influence the success of university centers.