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Economic Value

The Economic Value of DePauw University Reflects fiscal year 2023-24 (published August 2025)

DePauw University serves as a key economic anchor and driver of vitality, opportunity and innovation in Putnam County and the state of Indiana. Each year, the university generates millions of dollars in local income, supports jobs and enhances the overall well-being of the region through education, workforce development and community engagement. This report highlights DePauw’s 2023-24 economic impact, demonstrating how its operations, students, faculty, staff, alumni and signature programs contribute to a thriving economy and improved quality of life. It also provides a benchmark for measuring the impact of future investments in the university and the broader community.

map of indiana and putnam county
Putnam County, Indiana
1,807

Credit students

590

Employees

Economic impact analysis

$78.5 million

DePauw total annual impact

$69.5 million

Operations spending impact

Impact of annual payroll and other spending

$4.3 million

Alumni impact

DePauw alumni generated $4.3 million in added income for the county economy

$2.0 million

Student spending impact

Impact of student spending on dining, transportation and entertainment

$1.9 million

Visitor spending impact

Impact of visitors attracted to the county for events hosted by DePauw

$0.7 million

Capital spending impact

Impact of expenditures for ongoing construction projects

Investment analysis

Average earnings by education level at career midpoint

High school
$35,300
Associate
$46,000
Bachelor's
$60,000
The average bachelor’s degree graduate from DePauw will see an increase in earnings of $24,700 each year compared to someone with a high school diploma working in Indiana.

For every $1...

Students gain $2.80 in lifetime earnings
Society gains $2.20 in added income and social savings

$20.3 million

Taxpayers gain in added tax revenue and public sector savings