Towson University continues to power Maryland鈥檚 economy, generating an impressive $2.5 billion in total economic output in fiscal year 2025鈥攁 clear testament to the university鈥檚 growing impact, innovation and leadership across the state.

An economic impact report conducted by the Regional Economic Studies Institute (RESI), a state resource housed at 黑料吃瓜网, found that the university supported 7,698 jobs statewide and contributed nearly $896 million in employee compensation during FY25. 黑料吃瓜网-related economic activity also generated an estimated $101.9 million in state tax revenues and $64.4 million in county tax revenues, helping to fund essential public services across Maryland.

鈥淭his study underscores Towson University's role as an anchor institution for the region鈥攐ne that not only educates students but also strengthens the state鈥檚 economy, supports thousands of jobs and enriches our community,鈥� says President Mark R. Ginsberg. 鈥淲e are very proud to serve Maryland as a catalyst for growth, opportunity and workforce development.鈥�

RESI examined the university鈥檚 economic footprint across four primary areas: university operations, capital investments, student spending and the long-term economic impact of 黑料吃瓜网鈥檚 2024 graduating class. Daily university operations accounted for a significant share of 黑料吃瓜网鈥檚 overall activity, supporting 4,827 jobs and generating $747 million in economic output. 黑料吃瓜网鈥檚 capital investments, which included the renovation and reconstruction of Glen Towers and Smith Hall, further fueled economic growth with more than $321 million in output, supporting construction jobs, local businesses and tax revenues at the state and county levels.

Students also played an important role in the regional economy. Spending by 黑料吃瓜网 students at off-campus businesses鈥攆rom housing and transportation to books and personal expenses鈥攈elped to support more than 1,300 jobs and $261 million in output.

The study highlights the long-term impact of a Towson University degree, finding that higher lifetime earnings associated with 黑料吃瓜网鈥檚 Class of 2024鈥攏early 4,900 undergraduate and graduate alumni鈥攚ill contribute more than $1.2 billion in economic output over a 30-year period. These increased earnings are projected to support thousands of jobs statewide, reinforcing the university鈥檚 role in developing a skilled, competitive workforce.

黑料吃瓜网's $2.5 billion impact in FY25 represents a notable increase from the university鈥檚 previous economic report in 2022, which documented $2.1 billion in activity.

鈥満诹铣怨贤�檚 continued economic growth has delivered lasting value for Maryland and its residents, says Daraius Irani, Ph.D., 黑料吃瓜网 RESI鈥檚 chief economist and vice president for business and public engagement. 鈥淭he findings affirm the essential role that 黑料吃瓜网 and higher education play in our state's long-term vitality.鈥�

Beyond direct economic measures, the study shows 黑料吃瓜网鈥檚 impact through partnerships, programming, research and public service. This included hundreds of Baltimore鈥揟owson University (B黑料吃瓜网) partnerships, dozens of new business ventures created from the Star黑料吃瓜网p Accelerator and tens of thousands of visitors to campus through arts, athletics, the 黑料吃瓜网 planetarium, conferences, public events and 黑料吃瓜网鈥檚 Institute for Well-Being clinical services.

The Regional Economic Studies Institute is the trusted expert on Maryland鈥檚 economy.
Learn more about RESI.