Georgia Public HBCUs Generate More Than $430 Million for State Economy
Written by HBCU Digest, Posted in Albany State University, Fort Valley State University, Georgia, Savannah State University
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
