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IU delivers $9.9 billion impact on state, high return on investment for students and taxpayers

Posted on October 1, 2020 by IU Communications

Indiana University added $9.9 billion in income to Indiana’s economy in FY 2018-19 through its investments in the educational success of its students; research and innovation; and engagement in the economic development, health and well-being of Hoosier communities across the state.

Expressed in terms of employment, IU’s impact supported 151,015 jobs, according to the results of a new economic-impact study released today during a meeting of the IU Board of Trustees. The “Economic Value of Indiana University” study also indicated that:

  • One of every 26 jobs in Indiana is supported by IU and the activities of its students.
  • For every $10,000 students invest in their education at IU, they will receive $35,000 in higher future earnings.
  • For every $10,000 in tax dollars spent educating IU students, taxpayers will receive an average of $24,000 in return over the course of the students’ working lives.
  • For every $10,000 that society invests in IU, Indiana will see $48,000 in benefits over the students’ working lives.

The study was commissioned by the university and conducted by Emsi, a leading provider of economic-impact studies and labor market data to educational institutions in the U.S. and internationally.

More information about the study is available in the IU Newsroom.

An accessible transcript for this infographic is available at https://news.iu.edu/doc/accessibility_economic_impact_study.pdf. Infographic by Casey Brinegar, IU Center on Representative Government

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Filed under: Alumni, Economic Development, Engagement, Faculty, Research, Staff, Statewide Engagement, Students, Workforce Development

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