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(WADLEY) \u2014 Students and alumni of colleges within the Alabama The independent, 102-page report by LightCast estimates the The results of this economic impact study reinforce that Southern The analysis of this study on the College\u2019s service area (Clay, The impact of the daily spending of Southern Union students Although SUSCC has 449 full-time and part-time faculty and \u201cThese data demonstrates that we are improving the lives of Over the years, students have studied at Southern Union and The study also estimated that the average Southern Union \u201cOur community receives a strong return on investment when With campuses in Wadley, Opelika and Valley, Southern Union <\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" (WADLEY) \u2014 Students and alumni of colleges within the Alabama Community College System add $6.6 billion to Alabama\u2019s economy, supporting one out of every 27 jobs in the state, according to an economic impact report released Monday. The independent, 102-page report by LightCast estimates the Alabama Community College System directly impacts 98,923 jobs in […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"give_campaign_id":0,"footnotes":""},"categories":[5],"tags":[],"class_list":["post-434","post","type-post","status-publish","format-standard","hentry","category-local-schools"],"_links":{"self":[{"href":"https:\/\/adntesting.online\/chambersledger\/wp-json\/wp\/v2\/posts\/434","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/adntesting.online\/chambersledger\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/adntesting.online\/chambersledger\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/adntesting.online\/chambersledger\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/adntesting.online\/chambersledger\/wp-json\/wp\/v2\/comments?post=434"}],"version-history":[{"count":1,"href":"https:\/\/adntesting.online\/chambersledger\/wp-json\/wp\/v2\/posts\/434\/revisions"}],"predecessor-version":[{"id":544,"href":"https:\/\/adntesting.online\/chambersledger\/wp-json\/wp\/v2\/posts\/434\/revisions\/544"}],"wp:attachment":[{"href":"https:\/\/adntesting.online\/chambersledger\/wp-json\/wp\/v2\/media?parent=434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/adntesting.online\/chambersledger\/wp-json\/wp\/v2\/categories?post=434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/adntesting.online\/chambersledger\/wp-json\/wp\/v2\/tags?post=434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nCommunity College System add $6.6 billion to Alabama\u2019s economy, supporting one
\nout of every 27 jobs in the state, according to an economic impact report
\nreleased Monday.
\nAlabama Community College System directly impacts 98,923 jobs in the state,
\nrepresenting about 2.7% of Alabama\u2019s gross state product. Additionally,
\ntaxpayers see a net benefit of $1.1 billion in added tax revenue from students\u2019
\nhigher lifetime earnings and increased output to businesses.
\nUnion State Community College is a major contributor to the economic base of the
\ncommunities that it serves in jobs created, business volume generated, and
\npersonal income earned.
\nRandolph, Chambers, Lee, Tallapoosa and Macon counties) indicated that operations
\nand student spending of Southern Union, together with the enhanced productivity
\nof its alumni, generated $150.3 million in added income for the SUSCC Service
\nArea economy and helps support 2,787 jobs or one out of every 49 jobs in the
\nregion.
\nattracted to or retained in the region added $10.4 million to the local
\neconomy, which is enough to buy 838 families a year\u2019s worth of groceries.
\nsta\ufb00, the net impact of the college\u2019s operations spending added $28.7 million
\nin income to the regional economy in FY 2020-21.
\nour students and the prosperity of our community,\u201d stated Todd Shackett,
\npresident of SUSCC. <\/span>\u201cIt is our mission
\nto help citizens develop the skills they need in order to build the framework
\nof our area\u2019s economy; this report shows that we are making a difference.\u201d
\nentered or re-entered the workforce with newly-acquired knowledge and skills.
\nToday, thousands of these former students are employed in the SUSCC Service
\nArea. <\/span>The net impact of Southern Union\u2019s
\nformer students currently employed in the regional workforce amounted to $
\n111.3 million in added income in FY 2020-21.
\nassociate degree graduate from FY 2020-21 will see annual earnings that are
\n$8,100 higher than a person with a high school diploma or equivalent working in
\nAlabama. Over a working lifetime, the bene\ufb01ts of the associate degree over a high
\nschool diploma will amount to an undiscounted value of $348,300 in higher
\nearnings per graduate.
\nthey invest in our students,\u201d said Shackett. \u201cFor every dollar invested in
\nSouthern Union in FY 2020-21, people in Alabama will receive $ 10. 40 in
\nreturn, for as long as Southern Union\u2019s FY 2020-21 students remain active in
\nthe state workforce.\u201d
\nState Community College is the second oldest community college in the state and
\nis accredited by the Southern Association of Colleges and Schools Commission on
\nColleges to award associates degrees.