Over 20 years, Pellissippi State generates $3.6 billion economic impact

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Hardin Valley Campus

Pellissippi State’s Hardin Valley Campus

 

For many years, Pellissippi State Community College has measured its economic impact in East Tennessee. Since 1997, the college has contributed an estimated $3.6 billion in economic impact to Knox and Blount counties. Additionally, there have been approximately 122,245 jobs generated over the past 20 years as a result of the college’s presence.

In its most recent economic impact study, Pellissippi State reports a combined economic impact of $1.3 billion for the years from 2012 to 2017, as measured by the value of business volume, jobs and individual income in Knox and Blount counties that is tied to Pellissippi State.

“Since 1974, this college has had an integral place in East Tennessee that is measured not just by economic impact, but by social impact. We at Pellissippi State are devoted to changing the lives of everyone who steps through our doors,” said Pellissippi State President L. Anthony Wise Jr. “Our greatest impact will always be that made by our students and graduates as they pursue their dreams and give back to our community.”

According to the American Association of Community Colleges, associate degree graduates can expect to earn about $470,800 more over their work lifetime than if they only had a high school diploma. For Pellissippi State’s 1,455 graduates in academic year 2016-2017, this means an additional $685 million in lifetime earnings and $2.8 million in additional annual tax payments that benefit the economy.

The 2012-2017 economic impact report also studied the business volume and individual income impact of Pellissippi State on the local economy:

  • $617 million in business volume impact from 2012-2017, $481 million of which came from non-local revenues such as state appropriations, grants, contracts and federal student financial aid revenues
  • $649 million in personal income impact over the past five years, including $518 million from new or external funds

Pellissippi State expenditures created and sustained an estimated 42,479 jobs, 32,000 of which were created by external or new funds, from 2012-2017. The college itself employed 2,801 full-time employees during the five-year period.

Of the college’s $1.3 billion in total impact over the past five years, the majority — $999 million — can be attributed to the infusion of new, non-local revenues. Every single dollar of local revenue that comes into Pellissippi State generates an estimated annual return on investment of at least $6.20, comprising $3.02 in local business volume plus at least $3.18 in individual income.

“This total economic and social impact would likely not have occurred without the presence of Pellissippi State in the area,” said educational consultant Fred H. Martin, who conducted the study.

For more information about Pellissippi State, visit www.pstcc.edu or call 865-694-6400.

 

The full 2012-2017 Economic Impact Report as a PDF

Arrive early for Pellissippi State’s popular Holiday Spectacular

Enjoy holiday cheer at Pellissippi State Community College’s hugely popular Holiday Spectacular musical concert, offered in two performances, 6 and 8 p.m., Thursday, Dec. 7.

The Holiday Spectacular, themed “Peace on Earth,” takes place in the Clayton Performing Arts Center, 10915 Hardin Valley Road.The concert features the talents of more than 150 Pellissippi State students and faculty in nine different musical ensembles performing holiday tunes and carols from around the world. 
 
The Holiday Spectacular is free and the community is encouraged to attend. Because space is limited, plan to arrive early to the performance. Seating is limited to the first 486 guests per show. While the performance is free, donations are accepted at the door for the Pellissippi State Foundation on behalf of the Music Scholarship fund.
 

The Holiday Spectacular is part of The Arts at Pellissippi State, an annual arts series that includes music and theatre performances, cultural celebrations, lectures and fine arts exhibits.

For more information about The Arts at Pellissippi State, visit www.pstcc.edu/arts or call 865-694-6400. To request accommodations for a disability for this event, call 865-539-7401 or email accommodations@pstcc.edu.

Cantrell’s photos of South Korea on exhibit at Pellissippi State

South Korea Photograph
Photograph by Bradley Cantrell

Pellissippi State Community College alumnus Bradley Cantrell will showcase photography from South Korea at his upcoming exhibit Nov. 20 through Dec. 8.

A reception to meet the artist begins at 4 p.m., Nov. 20.

Cantrell is a founding member of the Knoxville Community Darkroom, and he often shoots with film cameras.

The exhibit is free to attend. The Bagwell Center for Media and Art gallery is located at 10915 Hardin Valley Road and is open 10 a.m.-6:30 p.m., Monday-Friday.

The Bradley Cantrell exhibit is part of The Arts at Pellissippi State, an annual arts series that includes music and theatre performances, cultural celebrations, lectures and fine arts exhibits.

For more information about The Arts at Pellissippi State, visit www.pstcc.edu/arts or call 865-694-6400. To request accommodations for a disability for this event, call 865-539-7401 or email accommodations@pstcc.edu.

David Madden to give dramatic reading of new novellas at Pellissippi State

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David Madden
David Madden

Author David Madden will give a dramatic reading from his new work, “Marble Goddesses and Mortal Flesh,” at Pellissippi State Community College Nov. 21.

The presentation — which includes a book signing — is free to attend and open to the public. The event begins at 12:30 p.m. in the Goins Building Auditorium, 10915 Hardin Valley Road.

“Marble Goddesses and Mortal Flesh” is a collection of four novellas, each narrated by idealist Lucius Hutchfield, whose romantic vision of life makes him witness to the actions of unconventional heroes and heroines.

Madden is a native Knoxvillian and is author of “Bijou,” “Sharpshooter: A Novel of the Civil War,” and “The Suicide’s Wife.” He has been twice nominated for a Pulitzer Prize and has earned a number of awards and grants, including the National Council on the Arts Award for Fiction and the Rockefeller Grant in Fiction.

For more information about Pellissippi State, visit www.pstcc.edu or call 865-694-6400. To request accommodations for a disability at this event, call 865-539-7401 or email accommodations@pstcc.edu.

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