ALBANY, GA (WALB) -Albany State University has had a $250 million impact on the city’s economy.
Tax dollars that go towards supporting universities and colleges in Georgia are staying right here in the Albany region.
“So it’s an exciting time here at ASU and in the Albany-Dougherty community,” said A.L. Fleming, vice president of institutional advancement.
The University System of Georgia did the study this past year and found Albany State University had a $250 million economic impact on the city and surrounding area.
“We’re recycling that dollar, replenishing that dollar if you will," Fleming said. "Whether it relates to personnel services or outright employment or contract opportunities right here in Southwest Georgia.”
The university created 822 on campus jobs and over 2,000 jobs in the community.
“Whether it be the laying of asphalt, or it be the redesign of the campus marquis, we’re engaging community contractors,” Fleming said.
ASU also has a $3 to $4 million dollar impact on the city in one week alone.
Homecoming brings thousands to the area, ready to shop and spend money here.
“Come back here home to the Good Life City, and really enjoy themselves and ensure their continued investment as alumni and citizens is really impacting things right here at home,” Fleming said.
ASU representatives said they are hoping to create even more partnerships with local businesses and contractors in the future.