Economic Impact of the University of Illinois System

The University of Illinois System contributes $13.9 billion annually to the state’s economy through spending by its universities, employees, and students and the increased earning power of its graduates. U of I operations and alumni return $4.60 into the economy for every taxpayer dollar invested – a 19.3 percent annual return rate – and account for about two percent of the gross state product, a study found.

The study by Idaho-based Economic Modeling Specialists Intl. released in October 2015 shows that the U of I System supports nearly 177,000 jobs in Illinois that would not exist without the U of I – jobs created by the spending of its universities, students, and alumni.   

The U of I System's most significant impact – $9.5 billion annually – stems from the talents that students develop through their education, which translate into higher career earnings and increased productivity for Illinois businesses.

 More about the study

Impact of our universities

Each of the U of I's three universities released a similar, separate economic study in 2015 or 2014.