Okanagan College contributes to economy
Post-secondary education is bolstering the economy.
A recent economic impact study undertaken by Economic Modeling Specialists Intl. found that in 2012-13, Okanagan College and its students added $542 million to the regional economy.
It pegged the institution’s provincial impact at $915 million.
“The results of this study confirm that there is a significant return on the investment in post-secondary education for graduates, taxpayers and our regional economy,” said Jim Hamilton, OC president.
“The economic impact is important to acknowledge but so is the value education yields for students and the wellbeing of our communities.”
The study also found that Okanagan College students who are active in the regional workforce over the course of one year, collectively contributed $446 million in higher earnings and increased employer productivity.