Economic Impact

Summary

Southern Crescent Technical College (SCTC) creates value in many ways. The college plays a key role in helping students increase their employability and achieve their individual potential. The college retains and attracts students in the region, keeping dollars and opportunities in the SCTC Service Area.^[1] SCTC serves industry by producing a well-trained workforce, the benefits of which extend to the state government through increased tax revenues and public sector savings.

This study measures the economic impacts created by SCTC and the benefits the college generates in return for the investments made by its key stakeholder groups.

All results reflect employee, student, and financial data on SCTC, provided by the Technical College System of Georgia (TCSG), for fiscal year (FY) 2019. This analysis includes data from the following programs within SCTC:

• Technical Education: In technical education, students receive credits toward technical certificates, diplomas, and associate degrees. Students pay tuition to attend classes, but many receive state and federal grants that cover these costs. High school students participate in technical education through the state’s dual enrollment program.
• Adult Education: The adult education program provides adults who do not have a high school diploma with the opportunity to work toward a high school equivalency or GED. This program also offers classes to learn English as a second language, job readiness, and career training. All adult education classes are free to participants.
• Economic Development: SCTC provides customized training to meet local industry needs. These training programs are paid for by local businesses or individuals taking the courses.

SCTC influences both the lives of its students and the regional economy.