Technical colleges have $1.2 billion impact in Georgia
Fri, 07 Mar 2014 20:14:44 GMT —
There's a new report that shows just how much of an impact technical colleges have on small communities.
A total of $1.2 billion is the amount communities throughout the state benefit economically from spending that's either directly or indirectly related to Georgia's 24 technical colleges.
Albany Tech's impact in the region is more than $47 million. Moultrie Technical College's impact is about $26 million. Wiregrass Georgia Technical College saw a $55 million impact in that area.
"We actually produce a disproportionately large number of graduates," ATC President Anthony Parker said. "Those graduates go to work in this region. They turn over income. They purchase durable goods, etc."
The report is for the 2012 fiscal year. Spending at the colleges resulted in about 15,000 public and private sector jobs.