KSU has significant economic impact in Cobb

Kennesaw State University had an economic impact in Cobb County of more than $300 million during FY…

Georgia (Apr 8, 2002) — KSU has significant economic impact in Cobb

Staff

Abstract

Kennesaw State University had an economic impact in Cobb County of more than $300 million during FY '01‚ according to an economic impact study commissioned by the University System of Georgia Board of Regents' Office of Economic Development.



The USG study was conducted by the Selig Center for Economic Growth at the University of Georgia‚ and confirms the results of a similar study conducted by Kennesaw State's Econometric Center. The USG study looked at three categories of university−related expenditures:



Spending by the institutions themselves for salaries and fringe benefits‚ operating supplies and expenses‚ and other budgeted expenditures;



Spending by the institutions on capital projects (construction); and



Spending by the students who attend the universities.



The study also showed that KSU accounted for 3‚649 jobs in the area during FY '01. This figure includes both on−campus jobs and off−campus jobs generated by spending related to the institution.



"Not only does Kennesaw State directly employ 1‚300 people‚ but these employees spend money that support other jobs‚" said Roger Tutterow‚ director of the Econometric Center. "Even in a county where employment is more than 300‚ 000‚ our economic impact is significant."



The complete USG report is available on their Web site (www.usg.edu) under "Publications."



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Kennesaw State University‚ a progressive‚ comprehensive institution with a growing student population of 14‚000‚ offers more than 50 degree programs. Out of 34 institutions‚ KSU is the sixth largest in the University System of Georgia.



 

A leader in innovative teaching and learning, Kennesaw State University offers more than 150 undergraduate, graduate and doctoral degrees to its approximately 41,000 students. With 11 colleges on two metro Atlanta campuses, Kennesaw State is a member of the University System of Georgia and the third-largest university in the state. The university’s vibrant campus culture, diverse population, strong global ties and entrepreneurial spirit draw students from throughout the region and from 92 countries across the globe. Kennesaw State is a Carnegie-designated doctoral research institution (R2), placing it among an elite group of only 6 percent of U.S. colleges and universities with an R1 or R2 status, and one of the 50 largest public institutions in the country. For more information, visit kennesaw.edu

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