by Geoff Larcom, Published December 10, 2013
YPSILANTI – Eastern Michigan University is a key employer and economic driver in southeastern Michigan, responsible for more than 2,000 jobs and more than $718 million in economic activity in 2012, according to a report from the Anderson Economic Group and commissioned by the Presidents Council, State Universities of Michigan.
The complete report, available at www.pcsum.org, offers a detailed look at the total economic footprint of Michigan’s 15 public universities, which totaled $23.9 billion in economic activity last year. The complete report, which is an aggregate compilation and does not include individual university spending figures, was released today at a press conference in Lansing.
Eastern Michigan’s slice of that sizable economic pie amounted to more than $329 million in student in-state spending last year, according to the economic group, which provided individual spending figures to each university.
In all, the Eastern Michigan’s approximately 23,300 students spent more than $194 million on off-campus rent and food in 2012, along with more than $36 million on apparel and other needs and $66 million on off-campus meals and entertainment.
Other Eastern Michigan University details for 2012 spending in Michigan provided by Anderson Economic Group include:
• Total payroll spending of salaries, wages and benefits of nearly $212 million.
• Nearly $82 million in construction expenses.
• Operation and plant maintenance spending of $9.8 million.
The University employed 1,016 Michigan residents in faculty jobs and 1,061 residents in staff jobs in 2012, according to figures provided by AEG.
Eastern Michigan has been the fastest growing public university in the state of Michigan for new freshmen over the last three years. The University’s fall 2013 freshman class of 2,872 topped Eastern’s previous all-time record of 2,854, set in 1999, and represents an increase of 43 percent or 864 students over the last three years, according to enrollment figures.
While growing, EMU has led the state of Michigan in limiting tuition over the past five years. Of Michigan's 15 public universities, Eastern has the lowest dollar increase during that time.
Washtenaw County led Michigan’s counties by far in public university spending, with more than $2.5 billion in total payroll and non-payroll spending by EMU, University of Michigan and other university employees, according to the report. Second was Ingham County, home of Michigan State University, with more than $1.2 billion in university-related spending.
The universities collectively supported more than $12 billion in earnings in Michigan in 2012, the report said.