Center for Innovation Research

Economic Opportunity Impact of The University of Michigan-Dearborn

A university education provides a number of benefits to the students who study there and the society of which they are a part.  One of the ways a university contributes is by providing an environment where students can enhance their future career prospects and economic well-being.  This isn’t a short-term economic impact, rather a series of long-term opportunities for alumni to transform the communities in which they reside and work.

To better understand the impact of UM-Dearborn’s alumni and their role in supporting Michigan and the Metropolitan Vision, iLabs conducted research to see how alumni have benefited from the additional education they received at UM-Deaborn.

Key finding include:

  • Those whose most advanced degree is an UM-Dearborn bachelor’s earn $81,101, $43,140 more than if they had not earned that degree.
  • Those whose most advanced degree is an UM-Dearborn master’s earn $105,600, $48,000 more than if they had not earned that degree.
  • Each year alumni earn $1.8 billion more than they would have without the education they worked for at the university.
  • Recognizing that approximately 75 percent of UM-Dearborn alumni stay in Michigan, the increase in their incomes shows that every dollar the state invests, alumni are providing an additional $4 in tax return.

Read more on the project here.
Download the full report here.