The Georgia Foundation for Independent Colleges reports that LaGrange College had an economic impact of more than $48-million on our community in 2007. The report also noted that the college generated 561 jobs in the region.
The figures are arrived at by measuring the ripple effect from spending by the institution itself, students, faculty, and staff. However, it doesn't reflect the construction that has been taking place ($1.4-million in '07 and $8.2-million in '08). Nor does it factor in additional monies poured into our economy by visitors attending athletic and cultural events at the college.
Thus, the economic impact of having LaGrange College here is even more significant than reported.
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