Kennesaw State University contributes $370.9 million to Georgia’s economy
KENNESAW‚ Ga. (Sept. 27‚ 2006) — The annual impact of Kennesaw State University on the Georgia…
Georgia (Sep 27, 2006) — Kennesaw State University contributes $370.9 million to Georgia’s economy
Contact: Frances Weyand‚ Director of University Relations‚ 770−423−6203 or email@example.com
KENNESAW‚ Ga. (Sept. 27‚ 2006) — The annual impact of Kennesaw State University on the Georgia economy totals $370.9 million‚ according to the Atlanta Regional Council for Higher Education’s Economic Impact Report released today that presents an overview of the impact of Kennesaw State University on the economies of Georgia and the Atlanta region.
“It is not surprising that‚ as the third−largest university in Georgia‚ Kennesaw has a tremendous economic impact on the state‚” President Daniel S. Papp said.
Kennesaw State’s annual impact‚ totaling $370.9 million‚ includes $221.8 million in impact from annual spending by the institution and its employees‚ students‚ and visitors‚ combined with $149.2 million in impact from average annual spending on campus capital improvements. This combined spending also generates 3‚955 jobs across all industry sectors in the state.
The annual impact of Kennesaw State on the Atlanta region’s economy totals $253.0 million. This includes $160.1 million in impact from annual spending by the institution and its employees‚ students and visitors combined with $92.8 million in impact from average annual spending on campus capital improvements. This combined spending also generates 3‚450 jobs across all industry sectors in the region.
For more information‚ visit the Atlanta Regional Council for Higher Education’s Web site at www.atlantahighered.org.
Kennesaw State University is a comprehensive‚ residential institution with a growing student population approaching 20‚000 from 132 countries. The third largest university out of 35 institutions in the University System of Georgia‚ Kennesaw State offers more than 60 graduate and undergraduate degrees‚ including a brand new Doctorate of Education in Leadership.
A leader in innovative teaching and learning, Kennesaw State University offers undergraduate, graduate and doctoral degrees to its nearly 43,000 students. With 11 colleges on two metro Atlanta campuses, Kennesaw State is a member of the University System of Georgia. The university’s vibrant campus culture, diverse population, strong global ties and entrepreneurial spirit draw students from throughout the country and the world. 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. For more information, visit kennesaw.edu.