A recent third-party evaluation concluded that each dollar spent supporting the college gained nearly $12 in added income and social savings. And in one fiscal year, GTC contributed more than $627 million to the Greenville economy.
In return for their investment, students have increased earnings over their working lives. This translates to a return of $7.80 in higher future earnings for every $1 students invest in their education. Students’ average annual rate of return is 30.5%. And higher earnings lead to increases in the tax base. For every dollar of public money invested in GTC, taxpayers will receive $4.00 in return, over the course of students’ working lives.
Greenville Technical College boosts the local workforce and drives economic growth, contributing $627 million and supporting over 8,500 jobs in Greenville County (FY23-24). Watch the video for more information about our economic impact.