TIFTON, GA (WALB) - Abraham Baldwin Agricultural College (ABAC) has an economic impact on Southwest Georgia and even the state as a whole.
“ABAC’s been here for quite a while and over the years, slowly and surely, we’ve been making a significant impact on the community,” said Renata Elad, the dean of staff for the School of Business.
ABAC has brought in more than $529 million to the Southwest Georgia economy.
“Enrollment has been growing. Contrary to what’s happening in a lot of the regions and in the United States in general, ABAC has been seeing a continuous increase in enrollment,” said Elad.
The University System of Georgia (USG) released a study showing that USG contributed more than $16 billion to the state’s economy.
ABAC’s 2017 fiscal increase of $529 million contributed to that number.
“Mostly from students living within the community, students spending in the community, entertainment, apparel and other services," said Elad.
The 2017 study shows that more than 400 jobs at ABAC resulted in over 1,300 jobs off campus, bringing an impact of more than 1,800 jobs to the area.
“It feels good, it feels good knowing that ABAC is important to South Georgia,” said Elad.
Numbers for the 2017 fiscal year were 31 percent higher than 2016.
ABAC said it draws students from 155 of Georgia’s 159 counties, officials also contribute that to part of the school’s economic impact.