Morgan State Drove $1.5B To Maryland In 2024 And Backed Over 8,000 Jobs, Proving The Power Of HBCUs

HBCUs for the win!

According to an updated economic report released in November 2024, Morgan State University contributes $1.5 billion annually to Maryland’s economy, supports approximately 8,200 jobs directly and indirectly, and generates an estimated $71 million in state tax revenues.

Additionally, Morgan State University, located in Baltimore, MD, contributes $891 million specifically to Baltimore City’s economy and $1.4 billion to the Baltimore metro area, a news release notes…

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