Retirees Association

DDN: Wright State has $2.3B economic impact on Dayton region, study shows

Graduation crowd

Excerpt from the Dayton Daily News

Wright State University’s economic impact on 16 counties surrounding Dayton is more than $2.3 billion, according to a study commissioned by the university.

About $2.1 billion of the university’s impact comes from Wright State graduates living and working in those 16 counties, the study says.

“This study further underscores that Wright State University is a foundational component of Dayton’s regional economy,” said Greg Sample, executive vice president and chief operating officer at Wright State.

Research spending at Wright State generated $21.7 million in added income to the region, and student spending added $23.9 million for the area economy, according to the study.

The 16 counties in what Wright State calls “Raider Country” are Greene, Mercer, Allen, Auglaize, Butler, Champaign, Clark, Clinton, Darke, Logan, Miami, Montgomery, Preble, Shelby, Van Wert and Warren counties.

The report also found that Wright State is good value for students. The average Wright State bachelor’s degree graduate will annually earn $28,100 more than someone with a high school diploma or equivalent working in Ohio, according to the report. Over a working lifetime, the benefits of a bachelor’s degree over a high school diploma will amount to $1.2 million in higher earnings per graduate.