Texas Southern University's Economic Impact Report Shows $1.6 Billion Annual Contribution
Texas Southern University's economic impact for the 2023-2024 period is estimated at $1.6 billion annually, supporting 15,676 jobs in its service area. University alumni contribute significantly to this economic output.
Houston, Texas – Texas Southern University (TSU) announced its economic impact for the 2023-2024 academic year totals $1.6 billion annually, supporting 15,676 jobs within its operational region. The findings are detailed in the university's latest economic impact report.
The report considers various components of economic activity, including university operations, student and visitor spending, construction projects, and research endeavors. A significant portion of the university's influence stems from its alumni.
Graduates working in the region account for over 80 percent of TSU's total economic impact, contributing $1.3 billion in added income. This highlights the long-term value and career success facilitated by a TSU education.
"For nearly a century, Texas Southern University has served as a gateway to opportunity," stated President J.W. Crawford III. "This report demonstrates that our impact extends far beyond the classroom, contributing to a stronger workforce and a more competitive economy."
As TSU approaches its centennial in 2027, the report aligns with its Ascend 2030 strategic plan. The university also noted that for every dollar invested in a TSU education, students realize $6.90 in higher lifetime earnings, indicating a strong return on investment.