Georgia Gwinnett College (GGC) generated more than $451 million into the local economy of Gwinnett County during fiscal year 2016, an increase of nearly $35 million from the previous year, according to a recent economic impact study commissioned by the University System of Georgia (USG).
“GGC has become a catalyst for job creation in the county,” said GGC President Stas Preczewski. “Expanding our reach within the community we serve allows for positive and sustainable economic development.”
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 4,596 jobs created by the College, spending by the institution and spending by students who attend the institution.
“By fall 2017, the college will surpass 5,000 graduates. Those alumni will go on to become entrepreneurs and gainfully employed citizens in the local community who will drive future economic growth,” said Preczewski.
Since its inception in 2005, Georgia Gwinnett College has generated over $2.7 billion into the local community it was established to serve.
The annual study, conducted on behalf of the Board of Regents by Dr. Jeffrey M. Humphreys, director of the Selig Center, analyzed data collected from July 1, 2015 through June 30, 2016 to measure the USG’s economic impact on the state.
The full study with data for all USG institutions is available here.