Georgia Southern’s Economic Impact Soars to All-Time High
Georgia Southern continues its legacy of making a significant economic impact on its surrounding region, according
to findings released by the University System of Georgia (USG). The University’s annual economic impact grew to a new high of $1.167 billion for fiscal year 2024, an increase of 1.9% over the previous year.
“Georgia Southern’s record economic impact across the region reflects the extraordinary dedication of our faculty and staff on all three campuses to ensuring we continue to meet the needs of our students and our region today and into the future,” said Georgia Southern President Kyle Marrero. “We remain steadfast in our goals of graduating career-ready students, advancing the economic development of the region and elevating our public impact
research enterprise.”
The Economic Impact report shows the USG recorded $23.1 billion in total economic impact created by the 26 USG institutions from July 1, 2023, until June 30, 2024. The findings reveal there are 3,096 jobs on Georgia Southern’s campuses in Statesboro, Savannah and Hinesville. Because of institution-related spending, an additional 6,627 jobs exist off-campus, totaling 9,723 jobs. The report also noted that Georgia Southern students spent $442,818,489 in the region in fiscal year 2024.
Georgia Southern conferred 5,172 degrees during this period. These degree recipients can expect their combined work in Georgia to total lifetime earnings of $16.54 billion. The USG’s newest Lifetime Earnings study found that bachelor’s degree graduates from the class of 2024 will earn, on average, more than $1.4 million above what they would without a college degree through their lifetime.
