Savannah State's regional economic impact up ten percent
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Posted By: Hija Chang on May 11, 2016 According to a recent report, Savannah State University’s (SSU) output impact in the regional economy is approximately $180 million – an increase of about $18 million over last year’s figures. Additionally, since last year, more than 200 jobs now exist due to institutional-related spending. The economic impact report for fiscal year (FY) 2015 was commissioned by the University System of Georgia (USG) and considers factors such as institutional expenditures, employment, operational supplies, student spending and capital projects. USG’s total economic impact on the state was $15.5 billion in FY 2015 according to the most recent study conducted by the Selig Center for Economic Growth in the University of Georgia’s Terry College of Business. The economic impact of the USG is a measure of direct and indirect spending that contributes to the regions served by the System’s colleges and universities. The full report can be viewed at: http://www.usg.edu/assets/economic_develop... Established in 1890, Savannah State University is the oldest public historically black college or university in Georgia and the oldest institution of higher learning in the city of Savannah. The university’s 4,800 students select majors from 30 undergraduate and six graduate programs in three colleges — Liberal Arts and Social Sciences, Business Administration and Sciences and Technology — and the School of Teacher Education. Media Inquiries: email Loretta Heyward at heywardl@savannahstate.edu or call her at: (912) 358-3049 If you enjoyed this article, Join HBCU CONNECT today for similar content and opportunities via email! |
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Hija Chang
Management, See Moss Interactive Central State University class of 2021 Member Since January 2011 |
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