The University of Illinois System has an economic impact of nearly $17.5 billion statewide. With more than 375,000 alumni living in Illinois, strategic partnerships for innovation and talent retention, and physical and intellectual assets, we are a leader in driving economic prosperity for the people of Illinois.

Learn more about the economic impact of our individual universities:

$17.5 Billioneconomic
impact
We power the state economy through our employee and student spending and the increased earning power of our graduates.
Total staffing (fte) Faculty: 6,100
Staff: 19,300
Graduate assistants: 9,500

Developing human capital

The U of I System makes an enormous contribution to the economy through its sheer number of students, faculty, and staff. Nearly 113,000 students and staff put dollars right back into Illinois businesses and services. And as those students graduate and join our 736,000 living alumni, they become the employees of the future for organizations in Illinois and beyond, earning and spending that fuels the economic engine.

ROI of taxpayer investment
For every dollar students put into their education, they receive $5 in career earnings -- a 15.4% annual return rate.
70% of employed 2016-17 Urbana-Champaign graduates were working in Illinois six months after graduation.
JUMP trading location

Engaging partners

Through partnerships with our government, industry leaders, national organizations, and other educational institutions, we are working to tackle key societal challenges and drive economic growth for Illinois and beyond. Partnerships between corporations like Caterpillar, State Farm, Northern Trust, and OSF Healthcare and the U of I provide a source of innovation and talent for industry and a way to expand university research support. Led by the U of I System, a new interdisciplinary public-private research institute is being developed in Chicago, the Discovery Partners Institute, the first node of the Illinois Innovation Network designed to catalyze economic growth.

Learn more about the U of I innovation ecosystem.

The Research Park in Urbana-Champaign is home to 110+ companies and has an estimated total annual economic output of $160 million.
 

Unleashing full potential

We’re committed to ensuring that innovations grow beyond our universities and into the private sector. There are currently more than 90 active startups licensing U of I intellectual property, including 64 in Illinois, each creating jobs and driving economic development.

Note: This section displays a visual of interactive data. Select the download data link for data about Illinois Startup Industry that follows which enables users to download a file for an alternative textual representation of the visual data.