$200.1
million
from alumni employed in the regional workforce
Economic Impact
2022-2023
$240.8 million
PTC added $240.8 million to Abbeville, Edgefield, Greenwood, Laurens, McCormick, Newberry, and Saluda Counties. PTC’s impact supported 3,935 jobs. To put this in perspective, the activities of PTC and its students support one out of every 30 jobs in PTC's service area.
Alumni Impact
Operations Impact
$35.2
million
in net impact of the college's operations spending
Student Impact
$5.4
million
from the daily spending of the PTC students
Investment Analysis
Piedmont Technical College (PTC) creates a significant positive impact on the business community and generates a return on investment to its major stakeholder groups—students, taxpayers, and society. Projected rates of return and benefits are as follows.
$148.9
million
in higher lifetime earnings benefitting students, with an average annual rate of return of 26.6% in 2022-23
$44.9
million
in added tax revenue and public sector savings benefitting taxpayers with an average annual rate of return of 4.1%
$480.3
million
in added income and social savings benefitting society
Impact to Industries
Piedmont Technical College (PTC) generates income for and supports
jobs across multiple key industries in the region.
Manufacturing
364 Jobs Supported
$45.1
million
Government, Non-Education
456 Jobs Supported
$34.1
million
Health Care & Social Assistance
555 Jobs Supported
$27.0
million
Other Services (Except Public Admin)
451 Jobs Supported
$20.0
million
Retail Trade
380 Jobs Supported
$19.3
million