The $600 million that the University plans to spend on campus development will provide a major stimulus for the local economy. The addition of the campus will create 3,000 new local jobs by the year 2010, and create an economic impact of $434 million annually by the time the campus reaches 10,000 students.
Perhaps more importantly, the University of California will help to make Merced the educational and cultural center of the San Joaquin Valley. Campus theatrical productions, concerts, lectures, exhibits, dances, and workshops, as well as visiting artists and speakers, will benefit the local community. The availability of undergraduate and post-graduate courses will insure that opportunities for continuing education are available to our workforce.