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February 13, 2014

Olds College and Students Add $144.5 Million to Regional Economy

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The Olds, Alberta area in 2011-12 received some $45 million in added income due to the operations of Olds College and the spending of out-of-region students, reveals an economic impact report by Economic Modeling Specialists Inc for the college. The report also says Olds graduates who were active in the regional workforce generated another $99.7 million in added income through their higher earnings and the increased productivity of their employers. “Olds College is fortunate to be situated in such a vibrant community with a balanced, robust economy. This Economic Impact modelling lends support to the notion that the college is another driving force in our region in what is truly a virtuous circle,” says Olds VP Student and Support Services Kathy Kimpton.

Click here to read the news release.

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