by Talk Business & Politics staff (staff2@talkbusiness.net)
The University of Arkansas–Pulaski Technical College released a study conducted by Lightcast, a global leader in labor market analytics, that estimates a $258 million economic impact on central Arkansas.
The college’s operations across all four of its locations, student spending, and alumni contributions collectively generated $257.9 million in added income for the UA-PTC Service Area (defined as Faulkner, Lonoke, Pulaski, and Saline counties) during the 2022-2023 fiscal year. This represents approximately 0.6% of the region’s total gross regional product (GRP).
“At UA–Pulaski Tech, we focus on meeting the educational needs of the community one student at a time, one day at a time,” said Chancellor Summer DeProw. “The sum of these individual interactions over time is immense, and this study demonstrates how student success translates to a measurable and significant return on investment for taxpayers and other stakeholders across the region.”
UA-Pulaski Tech releases study showing $258 million impact on central Arkansas