UNCF – Economic Impact of Historically Black Colleges and Universities

UNCF – Economic Impact of Historically Black Colleges and Universities

HBCUs have an incredible impact—they create skilled workers, jobs and serve as economic hubs for the areas that surround their campuses and beyond.

The landmark study, HBCUs Make America Strong: The Positive Economic Impact of Historically Black Colleges and Universities—commissioned by UNCF’s Frederick D. Patterson Research Institute—shows that the economic benefits of HBCUs extend beyond the students they educate. They’re equally important to the regions and communities that HBCUs have served for more than 100 years.

This study is the first of its kind. It sets forth the benefits HBCUs produce in detailed, dollars-and-cents terms. It shows that money spent in, around, and by the nation’s HBCUs and their students drives economic growth both on and off campus—and that effect is multiplied over time. Each dollar spent creates far more than a dollar’s worth of productive activity as it moves through local, regional and national economies.

Total Employment Impact: 134,090 Jobs
HBCUs generate 134,090 jobs for their local and regional economies.
Of this total, 57,868 are on-campus jobs, and 76,222 are off-campus jobs.

Private College or Private University
College or University Total Economic Impact
Alabama A&M University $237 Million
Alabama State University $290 Million
Albany State University $143 Million
Alcorn State University $146 Million
Allen University $22 Million
Arkansas Baptist College  $35 Million
Benedict College $130 Million
Bennett College   $36 Million
Bethune-Cookman University  $136 Million
Bluefeld State College $47 Million
Bowie State University $234 Million
Central State University $97 Million
Cheyney University of Pennsylvania $91 Million
Clafin University  $79 Million
Clark Atlanta University $204 Million
Coppin State University $158 Million
Delaware State University $243 Million
Dillard University  $83 Million
Edward Waters College $47 Million
Elizabeth City State University $100 Million
Fayetteville State University $169 Million
Fisk University $52 Million
Florida A&M University $557 Million
Florida Memorial University $93 Million
Fort Valley State University $109 Million
Grambling State University $173 Million
Hampton University  $270 Million
Harris-Stowe State University $65 Million
Howard University  $1.5 Billion
Huston-Tillotson University $47 Million
Jackson State University $418 Million
Jarvis Christian College $22 Million
Johnson C. Smith University  $89 Million
Kentucky State University $102 Million
Lane College $36 Million
Langston University $129 Million
LeMoyne-Owen College  $40 Million
Lincoln University (MO) $95 Million
Lincoln University (PA) $115 Million
Livingstone College $56 Million
Miles College $67 Million
Mississippi Valley State University $83 Million
Morehouse College $188 Million
Morgan State University $439 Million
Morris College  $29 Million
Norfolk State University $280 Million
North Carolina A&T State University $488 Million
North Carolina Central University $343 Million
Oakwood University  $96 Million
Paine College $33 Million
Paul Quinn College $19 Million
Philander Smith College $33 Million
Prairie View A&M University $403 Million
Rust College $31 Million
Saint Augustine’s University $72 Million
Savannah State University $149 Million
Selma University $7 Million
Shaw University  $88 Million
South Carolina State University $145 Million
Southern University and A&M College $277 Million
Southern University at New Orleans  $105 Million
Southern University at Shreveport $86 Million
Spelman College  $199 Million
Stillman College $28 Million
Talladega College  $17 Million
Texas Southern University $530 Million
Tougaloo College  $42 Million
Tuskegee University  $242 Million
University of Arkansas at Pine Bluff $100 Million
University of Maryland Eastern Shore $211 Million
University of the District of Columbia $313 Million
Virginia State University $270 Million
Virginia Union University $84 Million
Virginia University of Lynchburg $10 Million
Voorhees College $17 Million
West Virginia State University $94 Million
Wilberforce University  $27 Million
Wiley College  $35 Million
Winston-Salem State University $233 Million
Xavier University of Louisiana $200 Million
Meharry Medical College  $287 Million
Morehouse School of Medicine $286 Million

Click link below to read part of the UNCF – Economic Impact study
UNCF – Economic Impact of Historically Black Colleges and Universities


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