September 17, 2021
Economy

Increase in first-year students at NMU & MTU expected to help UP economy

MARQUETTE, Mich. (WLUC) – More incoming students at Northern Michigan University and Michigan Tech University could bring in thousands of dollars into the U.P’s economy.

This year, NMU saw a more than 10 percent increase in first-year students while MTU has its largest incoming freshman class since 1982.

“It’s not only about the education they provide, but it really is about the economy,” said Marty Fittante, InvestUP CEO.

Fittante says a MTU study shows each students brings in about $9,700 to the economy. MTU increasing its overall enrollment by 102 students could mean $989,000 more for the local economy. Fittante says the focus is now making sure those new students stay in the U.P. after college.

“How do we convert those learners to locals at the end of the day?” said Fittante.

Fittante says universities are looking into ideas including larger internship and apprenticeship…

Read full article here: www.uppermichiganssource.com