IU alumni contribute to economy

According to a study by the Indiana Business Research Center, IU graduates are making vital contributions to the state.

About 81 percent of Indiana residents who graduated from IU between 2002 and 2005 still live in Indiana. These residents contribute $4.6 billion to Indiana’s economic footprint, which generates $187 million in state and local taxes, according to the study.

“While IU’s degree output comes as no surprise, we were pleased to find that so many of the University’s graduates are choosing to apply the skills they’ve acquired here in Indiana,” Jerry Conover, director of the IBRC, said in an IU press release. “Clearly, the settlement patterns of IU alumni have a significant impact on economic development in Indiana and Hoosiers’ quality of life. And, based on the characteristics of IU’s student body, we also know the University’s graduates are inclined toward giving back to their communities through volunteer work and charitable donations.”