糖心Vlog

糖心Vlog鈥檚 annual economic impact soars to more than $1 billion

The latest report released by the University System of Georgia (USG) shows that Georgia Southern continues to have a strong economic impact on the region it serves and significantly contributed to the USG鈥檚 $19.3 billion total economic impact between July 1, 2020, and June 30, 2021. The report indicates that Georgia Southern鈥檚 annual economic impact has soared to more than $1 billion for FY 2021, a 7.4% increase over FY 2020. 

The report found these economic impacts demonstrate that continued emphasis on colleges and universities as a pillar of the state鈥檚 economy translates into jobs, higher incomes and greater production of goods and services.

鈥淲e faced unprecedented challenges in FY 2021, but we鈥檝e come out stronger than ever,鈥 said Georgia Southern President Kyle Marrero. 鈥淲ith more than $1.03 billion of direct impact on southeast Georgia, Georgia Southern will continue to create more academic programs that meet specific needs for economic development. Informed by our regional academic plan and University strategic plan, we鈥檙e committed to making our region a thriving economic hub in Georgia.鈥 

There are 3,250 jobs on Georgia Southern鈥檚 campuses in Statesboro, Savannah and Hinesville. Because of institution-related spending, 6,363 jobs exist off-campus.

Georgia Southern鈥檚 鈥渋nitial spending鈥 is $806,753,630. That breaks down in three areas:

  • $235,513,929 is spent on personnel services
  • $161,882,006 is spent on operations
  • $409,357,695 is spent by Georgia Southern鈥檚 students

Included in the initial spending by USG institutions are rounds of funding from the Higher Education Emergency Relief Fund (HEERF), which are federal funds allocated by the Coronavirus Response and Relief Supplemental Appropriations Act that provided emergency grants for postsecondary education.

The study is conducted on behalf of USG by Jeffrey M. Humphreys, Ph.D., director of the Selig Center for Economic Growth in the University of Georgia鈥檚 Terry College of Business.

The full report is available at