MARQUETTE, MI— A new report says Michigan’s public universities generate nearly $45 billion in new economic activity each year.
The study was released by the Michigan Association of State Universities based on 2024 data. It says university activity supports more than 129,000 jobs and contributes more than $7 billion in state tax revenue.
Northern Michigan University contributed $333 million to the state in 2024; Michigan Tech contributed more than $972 million; and Lake Superior State University contributed an estimated $155 million.
Michigan Tech President and MASU Board Chair Rich Koubek says the findings make clear that Michigan’s public universities are not just educating students — they are fueling the state’s economy, strengthening communities and positioning Michigan to compete nationally and globally.
