{"id":272632,"date":"2017-10-04T16:50:58","date_gmt":"2017-10-04T20:50:58","guid":{"rendered":"http:\/\/www.rochester.edu\/newscenter\/?p=272632"},"modified":"2017-10-18T09:41:22","modified_gmt":"2017-10-18T13:41:22","slug":"doug-phillips-role-universities-cities-272632","status":"publish","type":"post","link":"https:\/\/www.rochester.edu\/newscenter\/doug-phillips-role-universities-cities-272632\/","title":{"rendered":"Doug Phillips on the role of universities in their cities"},"content":{"rendered":"<p>As part of a recent Bloomberg Markets podcast, Doug Phillips spoke with hosts Carol Massar and Cory Johnson (a Rochester native), as well as Bloomberg higher education reporter Janet Lorin. Phillips, the chief investment officer at the University of Rochester, shared his thoughts and insights on the role urban universities play in their communities.<\/p>\n<blockquote><p>One of things that we always emphasize is that universities can\u2019t be an economic engine alone. You have to have collaboration with government\u2014and local, state officials\u2014and other entities. [\u2026] And in Rochester, which I think is a pretty innovative place, we\u2019ve had a lot of that.<\/p><\/blockquote>\n<p>As a result, the University is now the largest employer in the region and the sixth largest in New York State. This helps create stability in the community and draws visitors to the region.<\/p>\n<p><a href=\"http:\/\/www.rochester.edu\/news\/community-engagement\/\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.rochester.edu\/newscenter\/wp-content\/uploads\/2017\/10\/bug-community-engagement.jpg\" alt=\"Community Connections: A Newscenter series highlighting the ties between the University and its communities.\" width=\"450\" height=\"281\" class=\"alignright size-full wp-image-277062\" \/><\/a>Importantly, the University has focused its community-engagement efforts in Western New York. \u201cThere are communities surrounding us that need a very strong medical facility, so we have an amazing children\u2019s hospital,\u201d says Phillips. \u201cWe are an educational partner with East High School, which is one of the schools that had suffered as Rochester declined, and we\u2019re bringing that back, getting graduation rates up.\u201d<\/p>\n<p>Severe poverty remains an issue in Rochester, \u201cwhich we are working hard to help eradicate,\u201d he continues. \u201cIf we have a better-educated workforce, that might help. But a lot of folks are leftover from the manufacturing days and that\u2019s not here anymore. That\u2019s a work in progress.\u201d<\/p>\n<p>Ultimately, Phillips is optimistic about the public-private relationship between universities and cities: \u201cIt\u2019s just a wonderful stability and vibrancy that universities create in these communities.\u201d<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/audio\/2017-10-02\/bloomberg-markets-phillips-on-role-of-universities-in-cities\">Listen to Bloomberg Markets &gt;&gt;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>During a recent Bloomberg Markets podcast, Doug Phillips, the University&#8217;s chief investment officer, discussed his thoughts on the role urban universities play in their communities.<\/p>\n","protected":false},"author":372,"featured_media":272662,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[29212],"tags":[9436],"class_list":["post-272632","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-voices-opinion","tag-community"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Doug Phillips on the role of universities in their cities<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rochester.edu\/newscenter\/doug-phillips-role-universities-cities-272632\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Doug Phillips on the role of universities in their cities\" \/>\n<meta property=\"og:description\" content=\"During a recent Bloomberg Markets podcast, Doug Phillips, the University&#039;s chief investment officer, discussed his thoughts on the role urban universities play in their communities.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.rochester.edu\/newscenter\/doug-phillips-role-universities-cities-272632\/\" \/>\n<meta property=\"og:site_name\" content=\"News Center\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-04T20:50:58+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-10-18T13:41:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.rochester.edu\/newscenter\/wp-content\/uploads\/2017\/10\/city-of-rochester_1000x600.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Sofia Tokar\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sofia Tokar\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.rochester.edu\\\/newscenter\\\/doug-phillips-role-universities-cities-272632\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.rochester.edu\\\/newscenter\\\/doug-phillips-role-universities-cities-272632\\\/\"},\"author\":{\"name\":\"Sofia Tokar\",\"@id\":\"https:\\\/\\\/www.rochester.edu\\\/newscenter\\\/#\\\/schema\\\/person\\\/6e2aecfd2d62aca26a6a82e0f0153199\"},\"headline\":\"Doug Phillips on the role of universities in their cities\",\"datePublished\":\"2017-10-04T20:50:58+00:00\",\"dateModified\":\"2017-10-18T13:41:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.rochester.edu\\\/newscenter\\\/doug-phillips-role-universities-cities-272632\\\/\"},\"wordCount\":293,\"image\":{\"@id\":\"https:\\\/\\\/www.rochester.edu\\\/newscenter\\\/doug-phillips-role-universities-cities-272632\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.rochester.edu\\\/newscenter\\\/wp-content\\\/uploads\\\/2017\\\/10\\\/city-of-rochester_1000x600.jpg\",\"keywords\":[\"community\"],\"articleSection\":[\"Voices &amp; 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