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Study finds Wayne Community College has an over $114 million annual impact on regional economy

Welder at Wayne Community College
WCC Public Information
Welder at Wayne Community College

An economic impact analysis found Wayne Community College has an over $114 million annual impact on the regional economy and supports around one of every 26 jobs in the county.

According to a news release, the impact of the increased earnings of WCC alumni and the businesses they work for totaled almost $59 million. The average student who graduates from Wayne Community College with an associate degree will see an increase of $7,600 in earnings compared to someone with a high school diploma or equivalent.

North Carolina conducted economic impact studies for each of the state’s 58 community colleges along with a statewide report. The overall reportshowed the state’s community colleges represent a combine $19 billion in annual impact on the economy.

The study found for every dollar the state invests in NC’s community colleges, it gains $7.50 in added incomes and social savings.

Meredith Radford is a News Reporter for Public Radio East. She studied at The University of North Carolina at Chapel Hill, receiving a degree in Journalism and Political Science. Born and raised in Eastern North Carolina, Meredith is excited to cover the area and contribute to the community. When not out reporting, she enjoys hiking, camping and kayaking as well as baking.