UIC pours $7.6B into Illinois economy annually

3.3 billion dollars in increased earnings over working lives

UIC has a very dramatic impact on the local and state economy

The $7.6 billion overall impact of UIC on the state is larger than the entire Arts, Entertainment & Recreation industry in Illinois and supports 73,559 jobs. With 7.8 million jobs in the state, this means that one out of every 106 jobs is supported by the activities of UIC and its students.

 

UIC added $7.6 billion to State of Illinois economy
Alt text here

UIC is Chicago's only public research university

The impact of UIC’s $424.6 million in research spending on the state economy is equal to supporting 4,370 jobs. In the last four years, UIC has received 624 invention disclosures, filed 199 new U.S. patent applications and produced 212 licenses.

Alt text here
Alt text here

Analysis shows that UIC is the wise investment

UIC’s 16.5% annual rate of return for students shows that there are life-long benefits of attending UIC and for every $1 invested, students receive $5.30 in higher future income.