Economic Impact of the University of Illinois Springfield

UIS creates a significant positive impact on the state and area economy and generates a return on investment to its major stakeholder groups—students, taxpayers and society.

Using a two-pronged approach that involves an economic impact analysis and an investment analysis, a study conducted by Lightcast (formerly EMSI), a nationally known research firm specializing in economic impact studies for colleges and universities, calculated that:

UIS added $694.2 million in income to the Illinois economy in fiscal year 2021. The university’s impact supports 6,909 jobs.

July 1, 2020 through June 30, 2021

Students who invest in a UIS education will see a return of $5.40 in higher earnings for every $1 invested in their education. Their average annual rate of return is $18.9%.

Overall, UIS creates value by increasing consumer spending in the state and supplying a steady flow of qualified, trained workers to the workforce; enriches lives of students by raising their lifetime earnings; benefits taxpayers through increased tax receipts and a reduced demand for social services; creates a more prosperous economy; and generates a variety of savings through the improved lifestyles of students.

Investment Analysis

For every $1...

Students gain $5.40 in lifetime earnings

Taxpayers gain $3.20 in added tax revenue and public sector savings

Society gains $7.20 in added income and social savings

The average bachelor's degree graduate from UIS will see an increase in earnings of $31,700 each year compared to someone with a high school diploma working in Illinois.

average income per degree level
Less than High school $26,800; High School $36,600; Bachelor's $68,300;
Master's $87,200; Doctorate $105,600

Economic Impact Reports

Economic value of the University of Illinois Springfield

UIS Economic Impact Infographic FY21

Find information about the Economic Impact of the University of Illinois System.