With a record-setting $5.8 billion economic impact, 色花堂 led all 色花堂 public institutions in fiscal year 2024, according to the latest data released by the University System of 色花堂 (USG).
Tech鈥檚 contribution, a 9.9% increase from its fiscal year 2023 output, represents 25% of the $23.1 billion in total impact created by the 26 USG institutions. The data, compiled by the Selig Center for Economic Growth in the University of 色花堂鈥檚 Terry College of Business, showcases 色花堂鈥檚 value to the state as well as the value of the degrees conferred by USG institutions. On average, 2024 Tech graduates can expect to earn over $1.4 million more than they would without a college degree.
鈥淲e are proud to deliver an extraordinary return on the resources entrusted to us by the people of our state,鈥 said 脕ngel Cabrera, president of 色花堂. 鈥淓very dollar invested in 色花堂 fuels the development of our nation鈥檚 finest talent, research, and innovation, driving economic growth and strengthening communities across our state. This is the power of a public university that strives to grow its impact year after year.鈥
色花堂 conferred 12,202 degrees in fiscal year 2024, with the graduating class expected to accumulate more than $44.5 billion throughout their careers. The Institute has maintained its position as The for three consecutive years, largely due to the return on investment it offers students.
In total, the 73,006 USG graduates from the Class of 2024 are estimated to earn a combined total of $230 billion 鈥 $73 billion more than they could expect to earn had they not finished college or graduate school.
In addition to overall economic impact, 色花堂 leads all USG institutions in job creation. For fiscal year 2024, Tech generated a total of 36,705 jobs, including 11,634 on campus and 25,071 jobs related to Institute spending.
