Georgia Southern University Reports Record Economic Impact

Georgia Southern University, August 28, 2025

News Summary

Georgia Southern University has announced a remarkable economic impact of $1.167 billion for the local economy, representing a 1.9% increase from the previous year. The university’s contributions have created nearly 10,000 jobs and its students spent approximately $442.8 million in the surrounding area. As GSU continues to grow, it underscores the significant role educational institutions play in fostering economic development and job creation within their communities.

Georgia Southern University Achieves Record Economic Impact

In a bustling city filled with the energy of eager learners, Georgia Southern University (GSU) has announced something quite remarkable regarding its role in the local economy! For the fiscal year 2024, GSU reported an impressive total economic impact of $1.167 billion. This is a 1.9% increase from the previous year, showcasing the university’s continuous growth and contribution to the region.

When you think about it, this number doesn’t just reflect GSU’s financial management; it’s a testament to the dedication of the faculty and staff spread across its three campuses located in Statesboro, Savannah, and Hinesville. Their hard work and commitment are vital, and it’s great to see this recognized in figures!

Jobs, Opportunities, and More

GSU has created a vibrant job market with 3,096 jobs across its campuses. What’s exciting is that institution-related spending has generated an additional 6,627 off-campus jobs, bringing the total to a staggering 9,723 jobs as a result of the university’s economic activity in the fiscal year 2024. This means more opportunities for the locals which is something every community loves to see!

Economic Ripple Effects

Students at GSU are not only enhancing their lives but also boosting the local economy. In fiscal year 2024, Georgia Southern students spent around $442.8 million in the surrounding area. This spending plays a crucial role in supporting local businesses and ensuring that money circulates within the community.

The Value of a Degree

According to a study conducted by the University System of Georgia (USG), obtaining a bachelor’s degree offers significant financial returns that benefit both individuals and local economies. GSU, among other institutions, contributed to the overall USG impact of $23.1 billion from July 1, 2023, to June 30, 2024.

High school graduates from Georgia who go on to receive their bachelor’s degrees can expect to enhance their work-life earnings by an impressive 82%. This is even higher than the national average increase of 80%, reflecting the great value of education in the state.

Georgia Southern’s Impact on Future Earnings

In total, Georgia Southern conferred 5,172 degrees in fiscal year 2024, with significant lifetime earning predictions for its graduates:

• 102 doctoral graduates are expected to earn a total of $429 million.
• 1,116 master’s graduates are projected to earn $3.8 billion.
• 3,870 bachelor’s graduates are looking at lifetime earnings of $12.5 billion.
• 45 associate degree graduates are estimated to earn $97.9 million.
• 39 certificate graduates are expected to earn $78.2 million.

These figures underline the potential financial gains that come with higher education, not just for the graduates themselves but also for the local economy as they invest back into their communities.

In Summary

The latest report from Georgia Southern University highlights an optimistic outlook for education, employment, and economic growth in our community. With its continuous rise and the dedication of its teams, GSU is poised for an even brighter future.

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Additional Resources

• Statesboro Herald: Georgia Southern Economic Impact Hits Record $1.16 Billion
• Wikipedia: Economic impact
• WSAV: GSU Economic Impact Reaches $1.167 Billion
• Google Search: Georgia Southern University economic impact
• The Georgia Virtue: Georgia Southern Reaches New Economic Impact Record of $1.167 Billion
• Google Scholar: Georgia Southern University
• Grice Connect: University System of Georgia Packs Huge Economic Punch
• Encyclopedia Britannica: University
• Oxford Eagle: Historic Ole Miss Football Crowds Generate $325M Economic Impact
• Google News: Georgia Southern University

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.