Washington’s Community and Technical Colleges Economic Impact
What does the future of our economy look like? It’s the people of Washington State. Young. Experienced. City and country. From Puget Sound to the Columbia River to the inland empire. Your neighbor. Your co-worker. Your employee. Your boss. The key to Washington jobs is Washington’s workforce. So who is training the employees, the managers, the innovators, and the makers of our state’s economy? Washington’s community and technical colleges.
Last year, more than $18 billion was earned in higher wages and productivity because of the training our colleges provide. That’s like hosting the Super Bowl 26 times in one year. For every dollar spent by students, they will earn back $2.80. And the people of our state gain back over $5 for every dollar invested.
In total, our schools generate $20.5 billion of added income to the economy every year. And that’s money that stays here: in the Evergreen State. When it comes to the future of our economy, nothing matters more than filling Washington jobs with Washington residents. And nobody is doing that better than Washington’s community and technical colleges.