After the infusion of capital, Grand Canyon University's size increased. After having fewer than 1,000 students enrolled in 2008, the university had 17,500 students in the spring of 2017. A 2015 economic impact study revealed that the university was adding about $1 billion into the state's economy each year during its expansion. In February 2017, Arizona Governor Doug Ducey said that the neighborhoods surrounding the university have experienced a 30% increase in housing values while concurrently seeing a 30% decrease in crime rates.