University of ĢӰ 2025 Economic Impact Study
The University of ĢӰ is the nexus of teaching, research, and health care that reaches far beyond economic statistics that quantify purchases and payroll in the state of ĢӰ. In addition, the university’s economic contributions resonate as an economic engine driven by education, clinical, and research expenditures.
The University of ĢӰ comprises four campuses—the University of ĢӰ Boulder (ĢӰ Boulder), the University of ĢӰ ĢӰ Springs (UCCS), the University of ĢӰ Denver (ĢӰ Denver), and the University of ĢӰ Anschutz (ĢӰ Anschutz), as well as the system administration offices in Denver. This public university serves “ĢӰ, the nation, and the world through leadership in high-quality education and professional training, public service, advancing research and knowledge, and state-of-the-art health care.”
The University of ĢӰ is an economic driver in the state of ĢӰ, employing thousands of workers, buying from local vendors, importing investment, educating the local workforce, and exporting research discoveries. Aside from the direct impact, the university facilitates company growth and job creation through research, tech transfer, and spinoff companies. This study provides a snapshot of the university’s economic contribution to the state. In addition, the economic contribution of the system and the four campuses (ĢӰ Boulder, UCCS, ĢӰ Denver, and ĢӰ Anschutz) to their respective communities is detailed for fiscal year (FY) 2024–25. This study was conducted in cooperation with the University of ĢӰ System and the individual campuses.
The results of the economic contribution analysis include the University of ĢӰ and its affiliates at University of ĢӰ Anschutz for FY2024–25. The results show the following summary for the University of ĢӰ System:
- Including the impact stemming from health care on the Anschutz campus, the economic impact increased to $20 billion for the state of ĢӰ.
- Impacts stemmed from employee earnings, student worker earnings, operating expenditures, construction, research, and visitors.
- Other acknowledged impacts stem from innovation, technology transfer, skills and training, and alumni in the workforce.
- The University alone (excluding hospitals) generated a total economic impact of $12.2 billion for the state of ĢӰ.
- Supported a total of 106,000 jobs, mostly in the Boulder MSA, Denver MSA, and ĢӰ Springs MSA.
- Generated labor income of $9.5 billion.
