Kennesaw, Georgia, August 14, 2025
News Summary
Kennesaw State University reported an impressive economic impact of over $2.3 billion on the metro Atlanta region, marking a 7.1% increase from the previous year. This boost comes largely from education-related spending, supporting 16,621 jobs in total and significantly impacting local businesses with approximately $892 million in expenditures. With over 41,000 students enrolled, KSU continues to foster growth and opportunity in the community, underlining the vital role of higher education in driving economic benefits.
Kennesaw: Kennesaw State University Shines with Record Economic Impact
This past year has been quite the journey for Kennesaw State University (KSU) as it recently reported an impressive economic impact of over $2.3 billion on the metro Atlanta region for fiscal year 2024. That’s right, a whopping 7.1% increase from the previous year’s impact of $2.15 billion! It’s amazing to see how much of a difference one university can make in its community.
A Strong Educational Investment
The heart of KSU’s contributions comes primarily from education-related spending and community expenditures. Students at KSU, along with the institution and its employees, played a vital role in this economic boost. More than $1.4 billion stemmed from the spending related directly to education, showcasing a significant commitment to learning and development.
But that’s not all! The collective spending of KSU’s staff and students also added about $892 million to local businesses, making a noticeable difference in restaurants and retail stores throughout Kennesaw and beyond. This influx of cash is not just numbers on a page; it translates to real growth in the local economy.
Employment Opportunities on the Rise
One of the most exciting aspects of KSU’s economic impact is its influence on job creation. The university’s activities supported a total of 16,621 jobs in fiscal year 2024. Out of those, 4,373 were located on campus, while an impressive 12,248 jobs were in the private and public sectors off-campus. This showcases how KSU serves as a vital employment hub, providing opportunities to residents and students alike.
Think about it: for every job created on campus, an additional 2.8 jobs sprouted up in the surrounding community! This ripple effect truly showcases how interconnected a university can be with its local economy.
Long-term Returns on Education
A recent study highlighted that graduates from Georgia’s public colleges and universities can expect to earn over $1.4 million more over their lifetimes just by attaining a degree. This demonstrates the immense value of higher education—not only does it provide personal growth, but it also offers substantial financial benefits to the state’s economy. This point was echoed by USG Chancellor Sonny Perdue, who noted the significant returns a degree provides.
Growth and Reach of KSU
KSU is certainly not sitting still. With over 41,000 students currently enrolled, it has established itself as one of the top universities in Georgia. The total economic impact of all 26 University System of Georgia (USG) institutions amounted to $21.9 billion in fiscal year 2023, showcasing the strong role that education plays in Georgia’s economic landscape. These institutions collectively created 163,332 full and part-time jobs across the state.
When it comes to considering furthering education, the numbers don’t lie. High school graduates who pursue a bachelor’s degree can anticipate an 82% increase in wages compared to the national average in Georgia. Such statistics affirm the promise of education and the paths it opens, not only for individuals but for the entire community.
KSU has plans to continue expanding its reach through innovative academic programs that aim to benefit local communities. It seems like the best is yet to come for this dynamic institution and the positive impact it has on the economy of metro Atlanta.
FAQ Section
What is the economic impact of Kennesaw State University for FY 2024?
The economic impact of Kennesaw State University for fiscal year 2024 is over $2.3 billion, representing a 7.1% increase from the previous year.
How much of KSU’s economic impact comes from student spending?
Over $1.4 billion of KSU’s economic impact results from student education-related spending.
How many jobs did KSU support in FY 2024?
KSU supported a total of 16,621 jobs in fiscal year 2024.
What is the estimated earning advantage for graduates from Georgia public colleges?
Graduates from Georgia’s public colleges and universities can expect to earn approximately $1.4 million more over their lifetimes compared to those without a degree.
How does KSU impact the local economy?
KSU impacts the local economy through education spending, job creation, and increased spending in local businesses by its students and staff.
Key Features of KSU’s Economic Impact
| Feature | Details |
|---|---|
| Economic Impact FY 2024 | $2.3 billion |
| Increase from FY 2023 | 7.1% increase |
| Contribution from Student Spending | $1.4 billion |
| Local Spending by Students & Staff | $892 million |
| Total Jobs Supported | 16,621 jobs |
| University Enrollment | Over 41,000 students |
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Additional Resources
- MDJ Online: Economic Impact of Kennesaw State University
- Wikipedia: Kennesaw State University
- WSB TV: KSU’s Contribution to the Economy
- Google Search: Kennesaw State University Economic Impact
- Star Tribune: MN Sports Venue Costs
- Encyclopedia Britannica: Economics
Author: STAFF HERE ATLANTA WRITER
The ATLANTA STAFF WRITER represents the experienced team at HEREAtlanta.com, your go-to source for actionable local news and information in Atlanta, Fulton County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as vibrant music festivals like Shaky Knees and Music Midtown, major cultural celebrations including Dragon Con and the Atlanta Film Festival, and iconic sporting events like the Peachtree Road Race. Our coverage extends to key organizations like the Metro Atlanta Chamber of Commerce and the Atlanta Convention & Visitors Bureau, plus leading businesses in logistics, beverages, and retail that power the local economy such as Delta Air Lines, The Coca-Cola Company, and The Home Depot. As part of the broader HERE network, including HEREAugusta.com and HERESavannah.com, we provide comprehensive, credible insights into Georgia's dynamic landscape.
