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Study Shows Clark State’s Local Economic Impact More than $180 Million in 2019

Study Shows Clark State’s Local Economic Impact More than $180 Million in 2019

May 8, 2023

An economic impact study by the Southwestern Ohio Council for Higher Education (SOCHE) shows Clark State College generated $181.4 million in economic output in 2019.

The total economic impact of Clark State on Champaign, Clark, Greene and Logan Counties includes the impact of operations, student spending and capital investment.

“Clark State’s educational and community development commitments are, in part, quantified by our increasing economic impact across our region,” said Dr. Jo Alice Blondin, president of Clark State.

The economic impact study concluded that Clark State is embedded in the local community and contributes to the development of the talent necessary for the economy to thrive. While its main purpose is to educate students, Clark State, directly and indirectly, contributes to the local economy through its purchases and ability to attract and retain students and workers.

In fiscal year 2019, Clark State generated $181.4 million in economic output, supported 1,775 jobs, and generated $69.8 million in earnings in the local economy through its operations and capital expenditures as well as through the spending of its students.

Additionally, Clark State generated a total fiscal impact of $14.2 million in the form of earnings and sales tax revenue for federal, state, and local governments.

"SOCHE's impact study reinforces the role of higher education as a regional economic driver,” said Doreen Larson, president of Edison State Community College and chair of the SOCHE Board of Trustees. “Through changing times and economic climates, our two- and four-year institutions have continued to provide the quality training and education needed for individuals to better themselves, their careers, and their lives. Through internships, capstones, and other immersive work experiences, our students are connecting with in-demand industries and employers to advance our regional economy.”

The full report is available online at www.soche.org.

Media Contact

Lori Common Communications Coordinator

937.328.6086 commonl@clarkstate.edu