City’s Design Schools a Source of Economic Growth

March 19, 2012 Updated: March 19, 2012

NEW YORK—According to a report released by the Center for an Urban Future on Saturday, the city produces twice as many design and architecture graduates as any other city in the nation. This contributes significantly to the city’s economic growth.

In 2010, schools in New York issued 4,278 design and architecture degrees, far ahead of runner-up Los Angeles, which issued 1,769. The two majors experienced a growth by 40 percent, compared to the 20 percent experienced by all majors.

The city is home to four major design universities that are ranked in the top 10 design schools nationwide, including Parsons The New School for Design, the Fashion Institute of Technology, Pratt Institute, and the School of Visual Arts (SVA).

The report notes that 19 percent of Parsons, Pratt, and SVA graduates have started their own businesses, and 56 percent of designers in the city who don’t already have their own businesses expressed the wish to do so.

These schools have attracted many international students: 20 percent of students at these schools, compared to 11 percent in all other design schools outside of New York.