Five things to know about UGA report on economic impact of black colleges


The United Negro College Fund, with research by the University of Georgia’s Selig Center for Economic Growth, released a report Tuesday on the economic impact of the nation’s Historically Black Colleges & Universities.

The report was based on the country’s 101 accredited HBCUs. Nine of those institutions are in Georgia.

Here are five interesting pieces of data from the report:

  • HBCUs generate an estimated $14.8 billion of economic impact annually, which the report said would rank them among the top 200 corporations in the Fortune  500 list.
  • The institutions create 134,090 jobs for their local and regional economies, which the report said is equivalent to the number of jobs by the data company Oracle.
  • More than one-half of those jobs, about 76,000 of them, are off-campus.
  • a HBCU graduate earns about 56 percent more than someone without college credentials.
  • For each job created on an HBCU campus, another 1.3 public- and private-sector jobs are created off campus because of HBCU-related spending.

In other Education news:


Reader Comments ...


Next Up in Education

AJC top teacher Jill Buchanan of Douglas gave hope to parent of child with special needs
AJC top teacher Jill Buchanan of Douglas gave hope to parent of child with special needs

The AJC created the Celebrating Teachers Awards this year to showcase remarkable Georgia educators. More than 375 teachers were nominated in the inaugural round of the awards, and a panel of education professors chose 10 winners. These teachers share a common trait: They go above and beyond for their students and their schools. Since this...
Here’s Georgia education news to be thankful for
Here’s Georgia education news to be thankful for

Teachers, students and schools across metro Atlanta have notched some victories to give thanks for in 2017. Teachers, who are easy targets for politicians, pundits and parents to blame for educational failures, are driving thousands of kids to success, as evidenced by by 325 candidates put up by friends, colleagues and students for the first AJC Celebrating...
AJC top teacher Maureen Wales of Fulton brings incredible energy, dedication to classroom
AJC top teacher Maureen Wales of Fulton brings incredible energy, dedication to classroom

The AJC created the Celebrating Teachers Awards this year to showcase remarkable Georgia educators. More than 375 teachers were nominated in the inaugural round of the awards, and a panel of education professors chose 10 winners. These teachers share a key trait: They go above and beyond for their students and their schools. Since this...
Georgia’s new school fixer says districts must do the work
Georgia’s new school fixer says districts must do the work

Eric Thomas is swaying his head from side to side, his expression seeming to telegraph an answer. The question was: Should school districts worry about him? On Nov. 16, the longtime Cincinnati resident and educator became Georgia’s first school “turnaround” chief. His job is to select low-performing schools for attention and send...
AJC top teacher Lynnette Lindesay of Fulton helps students follow their passion
AJC top teacher Lynnette Lindesay of Fulton helps students follow their passion

The AJC created the Celebrating Teachers Awards this year to showcase remarkable Georgia educators. More than 375 teachers were nominated in the inaugural round of the awards, and a panel of education professors chose 10 winners. These teachers have a trait in common: They go above and beyond for their students and their schools. Since...
More Stories