University of Nebraska System
Founded in 1869, the University of Nebraska System is the state’s only public research university system. It encompasses four campuses located throughout the state that bring unique strengths together to create an exceptional level of quality and impact. The University of Nebraska System exists to transform lives and communities in Nebraska and around the world.
In June 2021, the University of Nebraska System retained Tripp Umbach to complete an economic impact assessment of all university operations. This economic impact analysis measured the effect of direct, indirect, and induced business volume and government revenue impacts for the University of Nebraska System operations throughout Nebraska.
Primary data was collected from the University of Nebraska for the fiscal year of 2020-2021. Data included spending on goods and services with a variety of vendors within the state; the spending of its faculty, staff, students, and visitors; and the business volume generated by businesses within Nebraska that benefit from the University of Nebraska System’s spending.
The University of Nebraska System is an economic engine creating impact throughout the entire state. Tripp Umbach concluded operations of the University of Nebraska System, directly and indirectly, impact residents throughout Nebraska, generating $5.8 billion annually in overall economic impact.
The presence of the University of Nebraska System is an essential component of the state and local economies with 47,342 Nebraskans being employed directly or indirectly as a result of the system. Analysis also found thousands of former students are employed in the region, adding $2.9 billion in economic impact to the local and state economy, supporting 30,416 jobs and generating nearly $129 million in government revenue.
Strengthening the social impact on the community, Tripp Umbach estimates that in FY21, University of Nebraska System employees and students generated more than $102.6 million in charitable donations and volunteer services across Nebraska. These benefits are in addition to the $5.8 billion annual economic impact that the University of Nebraska System generates for the state.
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