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MICUA’S IMPACT GOES BEYOND CAMPUS


Maryland’s 15 independent colleges and universities educate future leaders, support local communities, and contribute to the State’s economy. MICUA members expand access to education and deliver long-term value to Maryland.


EDUCATION WITH LASTING IMPACT

Economic Impact

$11.8 Billion

Total annual economic impact. MICUA institutions contribute to Maryland’s economy through direct, indirect, and induced spending.

Total annual economic impact.
MICUA institutions contribute to Maryland’s economy through direct, indirect, and induced spending.

Source: Economic Impact Study by Quinnipiac University, 2024

43,492 Jobs

Number of jobs supported across the State—more than all waitstaff, software developers, or elementary school teachers in Maryland.

$4.8 Billion

Spent by employees of MICUA institutions, supporting local businesses and communities throughout Maryland.

Source: Economic Impact Study by Quinnipiac University, 2024

Access & Inclusion

of students are Pell Grant recipients

25%

4

By offering substantial financial aid and supporting underrepresented populations, MICUA helps reduce barriers to higher education.

MICUA institutions are committed to making education accessible and affordable.

$22,627

member institutions are majority-minority campuses

average institutional aid awarded per student each year

Source: IPEDS 2023

Source: MHEC 2023

Source: IPEDS 2023

Student Success QUICK FACTS

65% four-year graduation rate

(above the national average)

01

01

01

73% six-year graduation rate

(also above the national average)

02

02

$55,000 average earnings

One year after receiving a Bachelor’s degree

03

03

MICUA students not only graduate at higher rates, but they also see clear returns on their educational investment soon after completing their degrees.

Source: IPEDS 2023

Source: IPEDS 2023

Source: MLDS 2022

Degree Impact

of all bachelor’s degrees and Above in Maryland

28%

of all doctoral Degrees in Maryland

35%

From undergraduate to doctoral education, independent colleges in Maryland help drive academic achievement and meet workforce demands statewide.


MICUA institutions play a major role in Maryland’s higher education ecosystem


49%

of all master’s degrees in Maryland

Source: IPEDS 2023

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