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Jul 01 2011

NYIT President: Keep Long Island's Best and Brightest Here

Mineola, NY  (July 1, 2011) -- Long Island’s colleges and universities must work with government and business leaders to prevent talented graduates from leaving the area, NYIT President Edward Guiliano told top Nassau County business officials this week.

Guiliano emphasized that especially in these difficult economic times, local campuses help power the economy.  In 2009-2010, they spent an estimated $5 billion on operating and capital costs, Guiliano told the Nassau County Business Advisory Council. The ripple effect boosted total spending on Long Island to $15 billion.
 
Retaining new graduates is essential for Nassau and Suffolk, he said.  Business leaders must  work on job-creation and housing initiatives that reverse the “brain drain” of young people who receive degrees here and then relocate, removing “dollars, commerce, and dynamic flair for our neighborhoods.” 
 
Colleges are tailoring curriculums to teach skills local businesses want to see in new employees, and taking other steps to play a greater role in economic development.
 
“Merging education with economic revitalization – in the form of research, local business partnerships, and consulting -- will lead to greater economic growth as the knowledge economy grows more prominent,” Guiliano said. 
 
 
About NYIT
New York Institute of Technology (NYIT) offers undergraduate, graduate, and professional degrees in more than 90 fields of study, including architecture and design; arts and sciences; education; engineering and computing sciences; health professions; management; and osteopathic medicine. A non-profit independent, private institution of higher education, NYIT has more than 15,000 students attending campuses on Long Island and Manhattan, online, and at its global campuses. NYIT sponsors 11 NCAA Division II programs and one Division I team.
 
Led by President Edward Guiliano, NYIT is guided by its mission to provide career-oriented professional education, offer access to opportunity to all qualified students, and support applications-oriented research that benefits the larger world. To date, 89,000 graduates have received degrees from NYIT. For more information, visit nyit.edu.
 
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Elaine Iandoli
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516.686.4013
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Elaine Iandoli
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