Independent study shows Tarleton State added a whopping $2.9 billion to Texas’ economy.
Updated: Feb 8

TSU Media Relations
Special to Beneath the Surface News
Tarleton State University generated an estimated $2.9 billion in total economic impact to Texas and $1.7 billion for the region in FY 2022-23, according to an independent study by the global research firm Lightcast.
The study measured the economic impacts created by Tarleton State on the business community and the benefits that the university generates in return for the investments made by its key stakeholders — students, taxpayers and society.
“Centered around student success, we are expanding access, opportunity and affordability to life-changing education,” said Tarleton President Dr. James Hurley.
“As our enrollment rises each year, we fill the workforce with more talented and driven Texans who change the world for the better. This directly impacts economic growth in our state.”
For FY 2022-23, Tarleton State alumni generated $2.3 billion in added income for the Texas economy, equivalent to supporting 23,283 jobs. Much of the impact was felt regionally, where alumni produced $1.1 million in added income.
“Now, more than ever, the world needs more Tarleton State Texans,” said Dr. Hurley. “After receiving a world-class education and training during their time as students, our alumni provide a transformative impact to employers. We are dynamic innovators ready to make a difference.”
In return for their investment, Tarleton students receive a stream of higher future earning that will continue to grow throughout their working lives.
On average, Tarleton bachelor’s degree graduates can expect to earn an undiscounted $1.4 million more than high school graduates over their working lives in Texas. The benefits for a master’s degree graduate over a high school diploma are $1.8 million.
The benefit-to-cost ratio for students remained strong; for every dollar students invest in Tarleton, they receive a cumulative value of $6 in higher future earnings.
That is an annual interest rate of return of 23.9%, more than double the U.S. stock market’s 30-year average rate of return of 10.1%.
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