GPC Economic Impact on Region Increases 7.5 Percent07/12/2010
Contact: Beverly James
Author: Beverly James
For Immediate Release
Georgia Perimeter College was recognized in a recent study for its tremendous economic footprint: The college provides 4,954 jobs that resulted in more than half a billion dollars in total annual economic impact. That's a 7.5 percent increase over the previous fiscal year.
GPC had an 8.1 percent growth in enrollment for the spring semester, with a record 25,282 students taking classes.
According to the economic impact study released today by the Board of Regents of the University System of Georgia, the 35-institution system provides more than 112,000 jobs and $12.7 billion in economic impact. The University System generated nearly 3 percent of the state’s total jobs during that time.
The report indicates that GPC’s economic impact has grown by more than $40 million from fiscal year 2008 to fiscal year 2009.
“We are proud of our contributions to the local and state economies, especially during these tough economic times,” said GPC President Dr. Anthony S. Tricoli. “Our ability to become a vital factor in the state’s economy can be directly attributed to GPC’s commitment to offering an outstanding education that is relevant, affordable and accessible. With a GPC education, students can start here and go anywhere.”
Student success helps society at large, according to a 2004 report by the Institute for Higher Education Policy. That report states that investment in college education produces increased tax revenues, decreased reliance on public assistance programs, lower unemployment rates, and increased voting, volunteering, and other civic activities. Other studies show that college graduates are healthier, contribute more to their communities, and raise children who are better prepared academically.
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Georgia Perimeter College, the third largest institution of the University System of Georgia, serves more than 25,000 students through four campuses and several sites in metro Atlanta. For additional information, visit www.gpc.edu.