GADSDEN — Gadsden State Community College continues to play a pivotal role in driving economic growth and community development across Alabama.
According to the latest Economic Impact Study for Fiscal Year 2023-2024 by Lightcast, a labor market analytics firm, GSCC generated $270.5 million in total added income for the regional economy, equal to approximately 2.3% of the total gross regional product of the GSCC Service Area, solidifying its status as a cornerstone of regional prosperity.
“At Gadsden State, we believe education is the foundation of a thriving community,” said Dr. Kathy Murphy, president of GSCC. “These numbers reflect our commitment not just to academic excellence but to the well-being and prosperity of the communities we serve.
“Every student success story translates into a stronger workforce and a more vibrant local economy.”
Key areas of impact:
- Operations spending ($42.5 million) – Payroll and benefits to support day-to-day operations.
- Construction spending ($7.9 million) – GSCC invests in capital projects, facility maintenance, and growth to meet educational needs.
- Student spending ($2.5 million) – Expenditures of relocated and retained students in the region.
- Alumni ($217.6 million) – Thousands of former students are employed in the GSCC service area.
The total impact of $270.5 million is equivalent to supporting 4,415 jobs. For perspective, this means that one out of every 36 jobs in the GSCC Service Area is supported by the activities of GSCC and its students.
“Our mission extends beyond the classroom,” Murphy said. “We are dedicated to fostering innovation, supporting local businesses, and enhancing the quality of life throughout the region.
This report highlights the value of investing in education — an investment that yields measurable, long-term benefits for everyone.”
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