Study Shows CMU’s 125 Years of Higher Education Has Lifted Michigan’s Economy
Central Michigan University has a new reason to be fired up.
A new study shows the school’s 125 years of higher education has lifted Michigan’s economy, one student at a time.
The Anderson Economic Group put together a study to find out how far reaching CMU’s impact is on the state by measuring things like operations and student spending.
It found CMU’s footprint reaches all 83 Michigan counties, with 12,000 jobs and $1.2 billion dollars in economic impact to the state.
CMU President George Ross says they take pride in finding innovative ways to better Michigan one class at a time.
“It’s something we’ve done now for 125 years. We’ve talked about our founding, had everything to do with the need in the state, that’s what we we’re founded to do, provide teachers to the state. Our establishment, seven years ago with the College of Medicine, with the shortage of doctors in the state; Central Michigan has adjusted each time there has been a major need in the state for the last 125 years,” said Ross.
The school says that economic impact is more than the cost of building a Mackinac Bridge every year, and more than the price of the new Little Caesars Arena.