University of Utah: A Big Boost for Jobs, Money and Learning

The University of Utah is the state’s second‑largest school, but its influence stretches far beyond campus. A fresh report from the Kem C. Gardner Policy Institute shows how the university fuels Utah’s economy, creates jobs, and shapes culture.

Economic Impact

• Direct Employment: In 2024 the U. directly hired nearly 45 000 people, making it the second biggest employer after Intermountain Health.
• Indirect Jobs: Adding indirect jobs tied to its activities, almost 100 000 positions benefit Utah residents.
• Financial Contributions: The university helped generate:
• $7.6 billion in earnings
• $10.3 billion in GDP

• $18.1 billion in sales

• Capital Projects: Large construction projects—new student housing, a medical school building, and cancer research centers—spurred further growth. The U.’s yearly capital spend of $747 million supported 5,590 jobs and added $1.2 billion to the economy.

Educational Influence

• Student Body: More than 35 000 students enrolled in over 300 programs during the last academic year.
• Degrees Awarded: Roughly 9 000 degrees were conferred.
• Retention: Nearly three‑quarters of graduates stay in Utah within five years, boosting local wages and tax revenue.
• Research Investment: The university pours over $700 million into research each year, mostly from federal money, bringing new ideas and jobs to the region.

Cultural Footprint

• Athletics: Thirty former athletes will compete at the 2026 Winter Olympics, giving the school national recognition.
• Science & Innovation: A U. biochemist helped develop an HIV prevention drug that earned a top award from the journal Science, demonstrating research’s global impact.
• Arts & Recreation: Museums, gardens, theater, and sports facilities enrich community life.

Health Care Leadership

• Medical Center: Supplies patients across Utah and trains future clinicians.
• Student Training: In the 2023‑24 year, it enrolled more than 6 000 health students and produced 1 300 new professionals to meet the growing demand for medical services as the population ages.