Georgia Gwinnett College generates more than $464 million for local economy
Georgia Gwinnett College (GGC) contributed more than $464 million to the economy of Gwinnett County and the immediate area during fiscal year 2017. This represents an increase of more than $12 million from the previous year, according to a recent economic impact study commissioned by the University System of Georgia (USG).
The research, conducted by the University of Georgia’s Selig Center for Economic Growth at the Terry College of Business, attributes the impact to economic activity including 4,240 jobs created by the college, spending by the institution and spending by students who attend the institution.
“GGC continues to be an economic engine for our community,” said GGC President Stas Preczewski. “Including our capital outlay for construction projects, we have surpassed $3.26 billion in cumulative economic impact since GGC has been included in the USG study.”
This fall, the college will reach 6,400 graduates, extending the college’s impact even further.
“As employed citizens and entrepreneurs, our alumni will help drive future economic growth and contribute to community vitality for Gwinnett and the greater Atlanta area,” said Preczewski.
The annual study is conducted on behalf of the USG’s Board of Regents by Dr. Jeffery M. Humphreys, director of the Selig Center. Its analysis includes data collected from July 1, 2016, through June 30, 2017, to measure the USG’s economic impact on the state.