A Tenfold Return on Investment.
Michigan Technological University’s output impact was nearly 10 times the state funding it received in FY 2016, which was $46.7 million.
Michigan Tech:
- Contributed nearly $450 million to Michigan’s economy
- Increased spending in the state by $448 million
- Increased employment by 4,258 jobs
- Has 26,000 alumni living in Michigan, earning more than $1.4 billion in salaries and wages in 2016
- Enrolled over 7,200 students, 10 percent higher than its enrollment a decade ago; these students spent $66 million, contributing significantly to the regional and state economy
- Awarded 1,700 degrees, with a majority in STEM fields
- Spent $72.5 million on research and development
| Ranking | County | Output (in millions) | Employment |
|---|---|---|---|
| 1 | Houghton | $130.5 | 1,493 |
| 2 | Oakland | $50.6 | 441 |
| 3 | Wayne | $25.1 | 217 |
| 4 | Kent | $19.1 | 166 |
| 5 | Macomb | $16.1 | 140 |
| 6 | Marquette | $13.7 | 118 |
| 7 | Washtenaw | $13.6 | 119 |
| 8 | Ottawa | $12.1 | 106 |
| 9 | Livingston | $10.6 | 93 |
| 10 | Midland | $8.6 | 73 |
| Top 10 County Total | $299.7 | 2,966 | |
| State of Michigan | $488.5 | 4,258 |