The Economic Value of HOLLAND COLLEGE
Impact of the increased earnings of HC’s alumni and the businesses they work for
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Referenced from: Reports
Document text
Section titled “Document text”The Economic Value of HOLLAND COLLEGE
Section titled “The Economic Value of HOLLAND COLLEGE”ALUMNI IMPACT
Section titled “ALUMNI IMPACT”Impact of the increased earnings of HC’s alumni and the businesses they work for
$174.6 million
Section titled “$174.6 million”A N N U A L A D D E D I N C O M E
an economic boost similar to hosting
58
playoff games
or
2,070
J O B S S U P P O R T E D
OPERATIONS SPENDING IMPACT
Section titled “OPERATIONS SPENDING IMPACT”Impact of HC’s payroll and day-to-day spending
$42 million
Section titled “$42 million”A D D E D I N C O M E
enough to buy 1,083 new cars
613 J O B S S U P P O R T E D
or
APPLIED RESEARCH SPENDING IMPACT
5+76181G
$10.6 million
Section titled “$10.6 million”A D D E D I N C O M E
enough to buy
925
families* a year’s worth of groceries
Average Earnings in Prince Edward Island
Section titled “Average Earnings in Prince Edward Island”The average diploma graduate earns $14,400 more than a high school graduate at their career midpoint.
23 +
25 +
32 +
40 + 51
5+95G
About Holland College
Section titled “About Holland College”3,569
Impact of the daily spending of HC students retained in and attracted to the province
or
271
J O B S S U P P O R T E D
- family of four
3,636
Credit Students Non-Credit Students
For every $1 invested by…
Section titled “For every $1 invested by…”STUDENTS
in lifetime earnings
SOCIETY
$4.80
TAXPAYERS
in added provincial revenue and social savings
$3.10
$3.60
in added taxes and public sector savings
HC’s impact of $228.4 million is equal to about 4.5% of Prince Edward Island’s gross provincial product (GPP) - larger than the province’s Arts, Entertainment, & Recreation AND Accommodation & Food Services industries combined.
1/26 JOBS
Section titled “1/26 JOBS”This impact supported 2,971 jobs - one out of every 26 jobs in the province.
= 100 jobs
533 FTE Employees
Source: https://hollandcollege.com/assets/documents/presidents-office/hc_infographic_1617.pdf