# The Economic Value of HOLLAND COLLEGE

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

| | |
|---|---|
| Type | PDF |
| Size | 160 KB |

[Open original PDF →](https://hollandcollege.com/assets/documents/presidents-office/hc_infographic_1617.pdf)

Referenced from: [Reports](/pages/about/reports-html/)

## Document text

## The Economic Value of HOLLAND COLLEGE

<!-- image -->

## ALUMNI IMPACT

<!-- image -->

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

## $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

<!-- image -->

## OPERATIONS SPENDING IMPACT

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

<!-- image -->

## $42 million

A D D E D   I N C O M E

<!-- image -->

<!-- image -->

enough to buy 1,083 new cars

613 J O B S   S U P P O R T E D

or

<!-- image -->

APPLIED RESEARCH SPENDING IMPACT

<!-- image -->

5+76181G

<!-- image -->

## $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

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

<!-- image -->

23 +

25 +

32 +

40 + 51

<!-- image -->

5+95G

<!-- image -->

## About Holland College

3,569

<!-- image -->

Impact of the daily spending of HC students retained in and attracted to the province

or

271

<!-- image -->

J O B S   S U P P O R T E D

* family of four

3,636

Credit Students Non-Credit Students

<!-- image -->

## 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

<!-- image -->

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, &amp; Recreation AND Accommodation &amp; Food Services industries combined.

<!-- image -->

<!-- image -->

<!-- image -->

## 1/26 JOBS

<!-- image -->

This impact supported 2,971 jobs - one out of every 26 jobs in the province.

<!-- image -->

<!-- image -->

= 100 jobs

533 FTE Employees

---

<small>Source: [https://hollandcollege.com/assets/documents/presidents-office/hc_infographic_1617.pdf](https://hollandcollege.com/assets/documents/presidents-office/hc_infographic_1617.pdf)</small>