November 18, 2019 by Emsi Burning Glass
Since its founding in 1931, the University of Louisiana at Monroe (ULM) has grown to serve more than 9,000 current students in more than 40 degree programs. And while the ULM campus is a well-known fixture in northeast Louisiana, local residents haven’t always seen a strong connection between the university and their everyday lives.
As an alum and former instructor at ULM, Dr. Julia Letlow knew that the university contributed extensively to the social and economic health of their region. But when she stepped into her role as executive director of external affairs and strategic communications, she needed a way to demonstrate this important contribution to the public. “We discovered that our own community doesn’t always fully realize who we are and what we do,” she says.
To bridge this gap, Letlow set out to answer questions that would help her articulate the importance of ULM to the Monroe community:
But without the help of relevant data, those answers were not easy to find, let alone share. To strengthen the university’s relationship with the people of northeast Louisiana, Letlow wanted to show them clear, concrete evidence that ULM improves their lives in measurable ways. “We were embarking on new territory, and we needed to have information that would resonate with our community members as to how much this university really does contribute to them and affect their lives,” she says.
Dr. Letlow turned to Emsi’s Economic Impact Study (EIS) to help her quantify and communicate ULM’s story. The EIS is a custom report that measures an institution’s impact on the regional economy and calculates the return on investment for three key stakeholder groups: students, taxpayers, and society.
To produce the report, Emsi economists use a rigorous methodology that factors in everything from jobs created by campus construction projects to the combination of better health, higher incomes, and lower crime that is tied to a college-educated population—all of which, in turn, saves public dollars by reducing the need for taxpayer-funded social services. In ULM’s case, after all the data had been compiled, Emsi determined that the university added $566.8 million to the northeast Louisiana economy during the 2017 – 2018 fiscal year—which translates to supporting 10,017 regional jobs.
Besides the overall impact, Letlow’s team was especially interested in the student spending and alumni impact figures, which help demonstrate the university’s value to local businesses. These numbers ($25.7 million and $427 million respectively) illustrate and confirm ULM’s importance as a magnet that attracts learners and produces skilled workers who often live (and spend) in northeast Louisiana. ULM president Dr. Nick Bruno was then able to share this information with community leaders through his involvement with the Ouachita Business Alliance and other forums.
Dr. Letlow was pleased not only with the wealth of information she found in the Emsi report but also the creative and accessible way it was presented, which made it easy for her team to use and share. “We’re just idea-oriented people,” she says, “so anytime that I can take information like what Emsi provides and put it into a story that is digestible for others, that’s a win-win for all of us.”
ULM’s communications office capitalized on the availability of this impactful data by leveraging it in their “Your University” public awareness campaign. As part of the campaign, Letlow’s team utilized newly installed electronic billboards in their parish to share highlights from the EIS alongside pictures of notable students and alumni. For example, one billboard featured ULM alum Alberta Green, founder and CEO of ABG Professional Development Solutions, alongside a message that read, “ULM alumni add $427 million to our local economy.”
Numbers like that had a “wow” factor, Letlow says. “It was incredibly effective, especially within our community, to be able to use those numbers and then pair them with real people who the community knows and loves.” And that $566.8 million total impact number? It’s been pretty well received too.
“The ULM total annual impact is mind blowing for people,” she says, “So we’re constantly sharing that number.”
The most encouraging result of the campaign has been the way community members have engaged with the information, demonstrating the kind of personal connection to ULM’s success that Letlow loves to see.
“The campaign went over really well,” Letlow says, “because, of course, parents and teachers and everybody would share.”
After the positive response ULM has seen from the their community, Letlow hopes to make greater use of the economic impact study in future awareness and recruitment campaigns. “Emsi produced so much usable data just for us. I honestly couldn’t be happier with what we received and would definitely encourage others to do it. It’s been awesome.”
If you have questions about the Economic Impact Study or Emsi’s other solutions for higher education, please contact us. We’d love to learn more about the work you’re doing and explore how our data can help!