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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

Impact of the increased earnings of HC’s alumni and the businesses they work for

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

Impact of HC’s payroll and day-to-day spending

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

A D D E D I N C O M E

enough to buy

925

families* a year’s worth of groceries

The average diploma graduate earns $14,400 more than a high school graduate at their career midpoint.

23 +

25 +

32 +

40 + 51

5+95G

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

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.

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