Fact Sheet APRIL 2O24 The Economic Value of Greenville Technical College 1, / 1 I ~ L \ ' ("\ i \ "' ' ~ Greenville Technical College (GTC) creates a signifcant positive impact on the business i "{.r ' ;' V !, community and generates a return on investment...
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Fact Sheet APRIL 2O24 The Economic Value of Greenville Technical College 1, / 1 I ~ L \ ' ("\ i \ "' ' ~ Greenville Technical College (GTC) creates a signifcant positive impact on the business i "{.r ' ;' V !, community and generates a return on investment to its major stakeholder groups—stu- '\ t '-sc)" dents, taxpayers, and society. Using a two-pronged approach that involves an economic \, ~l impact analysis and an investment analysis, this study calculates the benefts received \ '1 by each of these groups. Results of the analysis refect fscal year (FY) 2022-23. G R E E N V I L L E C O U N T Y, SOUTH CAROLINA Economic impact analysis In FY 2022-23, GTC added $627.0 million in income to the Greenville County economy, a value approximately equal to 1.7% of the county’s total gross regional product (GRP). Expressed in terms of jobs, GTC’s impact supported 8,529 jobs. For perspective, the activities of GTC and its students support one out of every 48 jobs in Greenville County. Operations
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