Economic impact of ASU: A look at the staggering numbers
The annual non-tuition spending of ASU students alone is $1.7 billion, says a W. P. Carey researcher.
In this story published Feb. 13, 2025, on AZ Big Media:
Through their spending on housing, food, entertainment, and items other than tuition, students attending ASU make an especially large impact on the Arizona economy. There were nearly 80,000 undergraduates and graduates in campus immersion in fall 2024. Throughout the academic year, the non-tuition spending of ASU students is estimated to have been around $1.7 billion. This spending supported 11,700 Arizona jobs, second in size of economic impact only to the university's direct employment of faculty and staff.
– Kent Hill, research professor at the L. William Seidman Research Institute
Latest news
- Construction material tariffs could slow metro Phoenix home building, raise costs
Arizona's housing supply could be affected by tariffs, says ASU real estate expert.
- Master's student Tyler Lai comes to AI in business program to become future tech leader
Tyler Lai (BS Computer Information Systems '24, MS-AIB '25) was an undergraduate student at ASU’…
- ASU student team places third in global sustainability competition
Business and engineering students collaborate on an artificial intelligence-driven agriculture…