News Summary
Georgia Highlands College (GHC) is playing a significant role in boosting the economy of Northwest Georgia, as confirmed by a recent report. GHC’s economic impact has risen to $214 million, supporting 2,131 jobs and significantly increasing household income in the area. The college’s contributions extend beyond direct employment, impacting local businesses and the community as a whole. GHC President emphasizes the importance of investing in education for job creation and regional growth, asserting the college’s dedication to shaping the local economy through its expanding facilities and programs.
Rome, Georgia – Georgia Highlands College (GHC) has been identified as a vital contributor to economic growth in Northwest Georgia. A recent report from the University System of Georgia’s Selig Center for Economic Growth confirms that GHC’s economic contributions have increased across every major category when compared to the previous year.
The total economic impact of GHC in fiscal year 2024 (FY 2024) stands at $214 million, a rise from $206 million in fiscal year 2023 (FY 2023). This growth reflects the college’s expanding role in stimulating the economy of the region.
Additionally, GHC supported 2,131 jobs in Northwest Georgia during FY 2024, an increase from 2,047 jobs the previous fiscal year. The college’s influence extends beyond direct employment; for every job at GHC, multiple additional jobs are created in the surrounding communities.
GHC’s contribution to the region’s gross product, referred to as Value-Added Impact, reached $147 million in FY 2024, compared to $140 million in FY 2023. Furthermore, the college facilitated the generation of $98 million in household income for area residents, up from $95 million in FY 2023.
The report underscores that GHC’s influence extends beyond the classroom, highlighting that spending by students, faculty, staff, and institutional operations significantly fuels job creation and supports local businesses. This spending acts like a ripple effect in the community, as money spent by the college and its stakeholders circulates throughout the local economy.
GHC President Mike Hobbs noted that investment in students and campus initiatives fosters job creation, stimulates business growth, and strengthens communities across Northwest Georgia. He emphasized the importance of this economic impact as the college continues to expand its degree offerings and enrollment.
The comprehensive analysis indicates that Georgia Highlands College is not only preparing students for in-demand careers but is also focused on enhancing the overall economic health of the region. As GHC grows, so too does its potential to shape and uplift the local economy through education and job creation.
The findings of the report are a testament to GHC’s commitment to contributing to the economic landscape of Northwest Georgia. With ongoing investments in education and community engagement, the college remains dedicated to being a key economic driver for years to come.
In summary, Georgia Highlands College is solidifying its role as a crucial economic asset to Northwest Georgia, with extensive contributions to employment, household income, and regional growth as documented in the latest economic report.
Deeper Dive: News & Info About This Topic
- Northwest Georgia News: Georgia Highlands College Encourages Economic Growth
- Wikipedia: Economic Impact of Universities
- HoopDirt: Merritt Steps Down as Head Basketball Coach
- Google Search: Georgia Highlands College
- MDJ Online: Sid Bream to Headline Scholarship Gala
- Encyclopedia Britannica: Higher Education
- WGA News: GHC Reveals New Sculpture
- Google News: Georgia Highlands College
Author: STAFF HERE SAVANNAH WRITER
The represents the experienced team at HERESavannah.com, your go-to source for actionable local news and information in Savannah, Chatham County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Savannah Music Festival, St. Patrick's Day Parade, and Savannah Jazz Festival. Our coverage extends to key organizations like the Savannah Area Chamber of Commerce and United Way of the Coastal Empire, plus leading businesses in aerospace, education, and logistics that power the local economy such as Gulfstream Aerospace, Savannah College of Art and Design, and Colonial Group. As part of the broader HERE network, including HEREAtlanta.com and HEREAugusta.com, we provide comprehensive, credible insights into Georgia's dynamic landscape.