{"id":72906,"date":"2022-02-15T00:00:00","date_gmt":"2022-02-15T06:00:00","guid":{"rendered":"https:\/\/www.unmc.edu\/newsroom\/2022\/02\/15\/nu-system-economic-impact-grows-to-5-8-billion\/"},"modified":"2024-03-27T11:57:57","modified_gmt":"2024-03-27T16:57:57","slug":"nu-system-economic-impact-grows-to-5-8-billion","status":"publish","type":"post","link":"https:\/\/www.unmc.edu\/newsroom\/2022\/02\/15\/nu-system-economic-impact-grows-to-5-8-billion\/","title":{"rendered":"NU system economic impact grows to $5.8 billion"},"content":{"rendered":"

The teaching, research and outreach activities of the University of Nebraska grow the state\u2019s economy by $5.8 billion every year, according to an independent new analysis<\/a> of the NU System\u2019s significant and far-reaching impact on Nebraska\u2019s prosperity and quality of life.<\/p>\n

UNMC accounts for $1.5 billion of that impact \u2013 although that figure does not reflect the substantial economic growth generated by UNMC\u2019s clinical partner Nebraska Medicine and its affiliates.<\/p>\n

The economic analysis, unveiled Friday to the Board of Regents, was conducted by Tripp Umbach, a national consultant with expertise in economic impact studies. Tripp Umbach\u2019s findings, which detail the university\u2019s impact by campus, region and legislative district, show that the NU System generates $9 for every $1 the state invests \u2013 a significant increase from the 7-to-1 ROI the university created in 2019.<\/p>\n

That all four campuses grew their impact even while managing the challenges of COVID-19 is evidence of the vital role the university plays in maintaining the economic competitiveness and well-being of the state, NU System President Ted Carter said.<\/p>\n

\u201cThis new analysis is the latest confirmation that the University of Nebraska is one of the largest drivers of economic and individual growth in our state,\u201d he said.<\/p>\n

Among Tripp Umbach\u2019s key findings:<\/p>\n