In the past one of Cornwall's most serious challenges has been the annual exodus of young people leaving the area because it was not possible for them to study their favoured subjects close to home. Very few of these people returned to live and work in Cornwall, dividing families and making it hard for local businesses to recruit skilled, creative young people. There is also a huge demand for part-time or work-based university-level courses from potential mature students in Cornwall who want to enhance their career prospects or pursue their subject interests.
CUC is playing a key role in the transformation of Cornwall's economy. According to an independent study commissioned by CUC, the initiative will create more than 4000 jobs by the year 2025. Spending by students and staff is also providing a welcome boost to the local economy. In the years ahead the combined effect of a larger graduate workforce, expert support for local businesses and the creation of new businesses as a result of academic research will play a very major role in the development of the kind of knowledge-based economy which can ensure Cornwall's future prosperity.
