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Morgan State University's Economic Impact Soars to $1.5 Billion Statewide

  • Morgan State University contributes $1.5 billion annually to the State of Maryland's economy, cementing its position as a significant institution.
  • The University supports 8,200 jobs and generates nearly $71 million in state tax revenues, highlighting its role as a major employer.
  • Morgan's students and campus visitors add $161 million to Maryland's economy, mainly from $150 million in student spending.
  • Since 2018, the University's economic impact has consistently increased, reflecting its growth and importance.
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Morgan State University's Economic Impact Soars to $1.5 Billion Statewide

New Report Highlights Expanding Innovation, Job Creation and Community Investment in Baltimore and Beyond

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PR Newswire broke the news in Chicago, United States on Saturday, July 12, 2025.
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