A new report shows the state’s university and college system is a strong and growing force in Georgia’s economy.
The study indicates that Georgia’s 35 public colleges and universities have an 11-billion dollar impact on the state’s economy. Of that amount, the University of Georgia in Athens contributes 2.1 billion, or 19-percent of that figure.
The report was released by UGA’s Selig Center for Economic Growth.
What’s more, living in or near a college town in Georgia can be good for your financial situation. Jeff Humphreys is director of UGA’s Selig Center:
"Our universities and colleges tend to be very stable sources of economic impact and sources of employment. They tend to do fairly well even during periods of economic recession, so it’s a very good economic stabilizer to be a college town".
For example, in Athens, Humphreys says more than half of nearly 20-thousand university-related jobs are off-campus.
The report reveals that more than 106-thousand people are employed by the University System, representing about 1 of every 39 jobs in Georgia.
The study was commissioned by the Georgia Board of Regents.
The study indicates that Georgia’s 35 public colleges and universities have an 11-billion dollar impact on the state’s economy. Of that amount, the University of Georgia in Athens contributes 2.1 billion, or 19-percent of that figure.
The report was released by UGA’s Selig Center for Economic Growth.
What’s more, living in or near a college town in Georgia can be good for your financial situation. Jeff Humphreys is director of UGA’s Selig Center:
"Our universities and colleges tend to be very stable sources of economic impact and sources of employment. They tend to do fairly well even during periods of economic recession, so it’s a very good economic stabilizer to be a college town".
For example, in Athens, Humphreys says more than half of nearly 20-thousand university-related jobs are off-campus.
The report reveals that more than 106-thousand people are employed by the University System, representing about 1 of every 39 jobs in Georgia.
The study was commissioned by the Georgia Board of Regents.
