{"683769":{"#nid":"683769","#data":{"type":"news","title":"Georgia Tech\u2019s Record-Setting $5.8B Economic Impact Leads USG","body":[{"value":"\u003Cdiv\u003E\u003Cp\u003EWith a record-setting $5.8 billion economic impact, Georgia Tech led all Georgia public institutions in fiscal year 2024, according to the latest data released by the University System of Georgia (USG).\u0026nbsp;\u0026nbsp;\u003C\/p\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Cp\u003ETech\u2019s 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 Georgia\u2019s Terry College of Business, showcases Georgia Tech\u2019s 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.\u0026nbsp;\u0026nbsp;\u003C\/p\u003E\u003Cp\u003E\u201cWe are proud to deliver an extraordinary return on the resources entrusted to us by the people of our state,\u201d said \u00c1ngel Cabrera, president of Georgia Tech. \u201cEvery dollar invested in Georgia Tech fuels the development of our nation\u2019s 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\u0026nbsp;impact year after year.\u201d\u0026nbsp;\u003C\/p\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Cp\u003EGeorgia Tech 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 \u003Ca href=\u0022https:\/\/news.gatech.edu\/news\/2025\/06\/25\/georgia-tech-tops-princeton-reviews-best-value-list\u0022 rel=\u0022noreferrer noopener\u0022 target=\u0022_blank\u0022\u003EPrinceton Review\u2019s best public value college\u003C\/a\u003E for three consecutive years, largely due to the return on investment it offers students.\u0026nbsp;\u0026nbsp;\u003C\/p\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Cp\u003EIn total, the 73,006 USG graduates from the Class of 2024 are estimated to earn a combined total of $230 billion\u0026nbsp; \u2014 $73 billion more than they could expect to earn had they not finished college or graduate school.\u0026nbsp;\u0026nbsp;\u003C\/p\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Cp\u003EIn addition to overall economic impact, Georgia Tech 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.\u0026nbsp;\u0026nbsp;\u003C\/p\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Cp\u003E\u003Ca href=\u0022https:\/\/www.usg.edu\/assets\/usg\/docs\/news_files\/USG_Economic_Impact_2024_%281%29.pdf\u0022 rel=\u0022noreferrer noopener\u0022 target=\u0022_blank\u0022\u003ERead the full USG report\u003C\/a\u003E.\u0026nbsp;\u003C\/p\u003E\u003C\/div\u003E","summary":"","format":"limited_html"}],"field_subtitle":[{"value":"The Institute accounts for more than 25% of the University System of Georgia\u2019s total economic output. "}],"field_summary":[{"value":"\u003Cp\u003EThe Institute accounts for more than 25% of the University System of Georgia\u2019s total economic output.\u0026nbsp;\u003C\/p\u003E","format":"limited_html"}],"field_summary_sentence":[{"value":"The Institute accounts for more than 25% of the University System of Georgia\u2019s total economic output. "}],"uid":"36418","created_gmt":"2025-08-13 12:04:01","changed_gmt":"2025-08-14 12:49:52","author":"sgagliano3","boilerplate_text":"","field_publication":"","field_article_url":"","location":"Atlanta, GA","dateline":{"date":"2025-08-13T00:00:00-04:00","iso_date":"2025-08-13T00:00:00-04:00","tz":"America\/New_York"},"extras":[],"hg_media":{"677679":{"id":"677679","type":"image","title":"Buzz at Commencement","body":null,"created":"1755086707","gmt_created":"2025-08-13 12:05:07","changed":"1755086707","gmt_changed":"2025-08-13 12:05:07","alt":"Buzz takes a selfie with students at Commencement.","file":{"fid":"261610","name":"53699248710_d31fe10455_o.jpg","image_path":"\/sites\/default\/files\/2025\/08\/13\/53699248710_d31fe10455_o.jpg","image_full_path":"http:\/\/hg.gatech.edu\/\/sites\/default\/files\/2025\/08\/13\/53699248710_d31fe10455_o.jpg","mime":"image\/jpeg","size":5875203,"path_740":"http:\/\/hg.gatech.edu\/sites\/default\/files\/styles\/740xx_scale\/public\/2025\/08\/13\/53699248710_d31fe10455_o.jpg?itok=RY-J2hph"}}},"media_ids":["677679"],"related_links":[{"url":"https:\/\/www.usg.edu\/news\/release\/university_system_of_georgias_economic_impact_increases_to_23.1_billion","title":"USG News Release "}],"groups":[{"id":"1214","name":"News Room"}],"categories":[{"id":"194611","name":"State Impact"}],"keywords":[{"id":"726","name":"University System of Georgia"},{"id":"2935","name":"Economic Impact Study"}],"core_research_areas":[],"news_room_topics":[{"id":"71871","name":"Campus and Community"}],"event_categories":[],"invited_audience":[],"affiliations":[],"classification":[],"areas_of_expertise":[],"news_and_recent_appearances":[],"phone":[],"contact":[{"value":"\u003Cp\u003E\u003Ca href=\u0022mailto:Steven.gagliano@gatech.edu\u0022\u003ESteven Gagliano\u003C\/a\u003E \u2013 Institute Communications\u003C\/p\u003E","format":"limited_html"}],"email":["Steven.gagliano@gatech.edu"],"slides":[],"orientation":[],"userdata":""}}}