Georgia Public HBCUs Generate More Than $430 Million for State Economy
Georgia’s public historically black colleges and universities generated more than $430 million dollars for the state economy in 2011, according to a report from the University of Georgia’s Selig Center for Economic Growth.
The economic impact estimates are based on regional input-output models of each institution’s regional economy, certain necessary assumptions, and available data on annual spending in the specified categories.
The public HBCU impact is a little more than three percent of the total estimated impact of $13.2 billion from the state’s 35 institutions.
Albany State – 148,052,378
Fort Valley State – 151,387,515
Savannah State – 138,747,544