FVSU's Economic Impact Outpaces Statewide Growth

FVSU's Economic Impact Outpaces Statewide Growth

Fort Valley State University (FVSU) continues to play a pivotal role in the economic vitality of Middle Georgia, contributing an impressive $178,341,755 in output impact for Fiscal Year 2023. This represents a notable 9.3 percent increase over the previous year's figure of $163,124,086, surpassing the University System of Georgia's average growth rate of 9 percent.

In addition to its direct economic output, FVSU supports 1,639 jobs, including 1,059 off-campus positions generated by institution-related spending. The economic study, which covered Peach, Houston, Crawford, Bibb, Taylor, and Macon counties, underscores FVSU's extensive reach in the region. However, the university's influence extends far beyond these areas, with Cooperative Extension agents serving 35 counties across Georgia.

The findings come from a study commissioned by the University System of Georgia Board of Regents, with the report released by the Selig Center for Economic Growth at the University of Georgia.

"Fort Valley State University has long been a pillar of strength in this region, and these numbers reflect our ongoing commitment to driving economic growth, both locally and across Georgia," said President Paul Jones, Ph.D. "Our institution is not only preparing the next generation of leaders but also contributing to the prosperity of communities through job creation, innovation, and service."

FVSU's impact is not only immediate but also long-term. Graduates who remain in Georgia can expect combined lifetime earnings of $1,252,266,498, with $465,357,735 directly attributable to the advanced opportunities their degrees provide. This highlights FVSU's role in enhancing both the regional economy and the financial futures of its graduates.

As FVSU continues to expand its educational and outreach programs, the university remains a powerful engine for economic and social development in Middle Georgia and beyond.

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