Pellissippi State generates $263 million annual economic impact

posted in: Community, TBR | 0

Over the past five years, Pellissippi State Community College has pumped an average of $263 million per year into the local economy.

From 2011-2016, that amounts to about $1.3 billion in economic impact, or the value of business volume, jobs and individual income in Knox and Blount counties that’s tied to Pellissippi State.

“Pellissippi State’s economic impact in our community is important, but we at the college consider it of greater import that we work to change the lives of everyone who comes through our doors,” said Pellissippi State President L. Anthony Wise Jr. “Our most significant impact comes from graduates who pursue their dreams and, in turn, give back to our community.”

Of the college’s $1.3 billion in total impact, the majority — $1.05 billion — can be attributed to the infusion of new, non-local revenues.

“This 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.

Every single dollar of local revenue that comes into Pellissippi State generates an estimated annual return on investment of at least $6.51, comprised of $3.16 in local business volume, plus at least $3.35 in individual income.

The report also studied what a degree from Pellissippi State might mean for a student. 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 1,429 graduates in academic year 2015-2016, this means an additional $673 million in lifetime earnings and $2.7 million in additional annual tax payments, which benefit the economy.

Pellissippi State’s business volume impact in the community amounted to about $640 million from 2011-2016. Of that total, $504 million came from non-local revenues such as state appropriations, grants, contracts and federal student financial aid revenues.

Over the five-year period, Pellissippi State’s expenditures created and sustained an estimated 43,855 jobs. More than 34,000 of those were created by external or new funds. The College itself employed 2,734 full-time employees from 2011-2016.

The total impact of Pellissippi State’s expenditures on personal income in the area amounts to about $678 million over the past five years, including $547 million from new or external funds.

The complete 29th annual analysis of Pellissippi State’s economic impact in Knox and Blount counties can be accessed at www.pstcc.edu/ieap under “Fact Books and Data Reports.” For more information, visit www.pstcc.edu or call 865-694-6400.

Pellissippi State accepting donations for Sevier County

posted in: Community | 0

This Saturday, Pellissippi State Community College will accept donations for the hundreds of people who have been impacted by the Sevier County wildfires.

Members of the community are invited to bring their donations to the college’s annual Breakfast with Santa, 9 a.m.-noon, Saturday, Dec. 3, in the Goins Administration Building on the Hardin Valley Campus, 10915 Hardin Valley Road.

All donations will be forwarded to the Knoxville Expo Center, which is collecting a multitude of items. The items most desperately needed are

  • children’s toys
  • toiletries
  • blankets
  • baby formula and diapers
  • clothing for children and infants

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

Pellissippi State Announcements: The Arts at Pellissippi State hosts concert, exhibit

 

The upcoming Photography Faculty Exhibition at Pellissippi State Community College will include art by the college's own faculty, including this piece by Teresa Mabry Reed.
The upcoming Photography Faculty Exhibition at Pellissippi State Community College will include art by the college’s own faculty, including this piece by Teresa Mabry Reed.

 

Pellissippi State Community College invites the community to attend the annual Fall Instrumental and Bluegrass Concert at 7 p.m., Thursday, Nov. 10, in the Clayton Performing Arts Center, 10915 Hardin Valley Road. A perennial favorite, this free concert brings together the Pellissippi State instrumental band and Hardin Valley Thunder, the College’s bluegrass ensemble. The Instrumental and Bluegrass Concert is one of the events that make up Pellissippi State’s arts series, The Arts at Pellissippi State. The series brings to the community cultural activities ranging from music and theatre to international celebrations and the fine arts. To request accommodations for a disability at this event, contact the executive director of Equity and Compliance at 865-539-7401 or accommodations@pstcc.edu. For more information about The Arts at Pellissippi State, visit www.pstcc.edu/arts. 

 

The photography of Pellissippi State Community College’s art faculty will be on display Nov. 14-Dec. 4 during the Photography Faculty Exhibition in the Bagwell Center for Media and Art Gallery, 10915 Hardin Valley Road. The exhibit is free to attend. Gallery hours are 10 a.m.-6:30 p.m., Monday through Friday. The Photography Faculty Exhibition is one of the events that make up Pellissippi State’s arts series, The Arts at Pellissippi State. The series brings to the community cultural activities ranging from music and theatre to international celebrations and the fine arts. To request accommodations for a disability at this event, contact the executive director of Equity and Compliance at 865-539-7401 or accommodations@pstcc.edu. For more information about The Arts at Pellissippi State, visit www.pstcc.edu/arts. 

Pellissippi State honors veterans in Knox, Blount counties

Veterans_Boots

Pellissippi State will honor veterans and their service and sacrifice this week with events all five of its campuses.

Blount County Campus

Nov. 11, 9:30 a.m. — William Blount High School Color Guard Flag Ceremony, First-Floor Lobby

Division Street Campus

Nov. 7-11 — Service Commemoration: Tribute to Veterans. Students are invited to sign a military seal that represents their service or the service of someone they know. The signed seals are to be grouped by branch of service on the wall.

Hardin Valley Campus

Nov. 7-11 — “Missing Man” Table Display & Veterans Photo Display, Goins Building Rotunda 

Nov. 11, 7:30-9 a.m. — Free Breakfast for Student, Faculty and Staff Veterans, Goins Building Cafeteria Annex

 Nov. 11, 7:30-9 a.m. — Live Streaming of Knoxville Veterans Day Parade, Goins Building College Center

 Nov. 11, 11 a.m. — Cake Reception with Speaker and Live Music, Goins Building College Center

Magnolia Avenue Campus

Nov. 11, 11:30 a.m. — Luncheon for Veterans, Community Room

Strawberry Plains Campus

Nov. 11, 9 a.m. — Flags for Veterans. Students are invited to plant an American flag in honor of our veterans’ service. Flags will be placed in designated areas leading up to the campus.

Nov. 11, 11 a.m. — Flag Ceremony and Performance by Carter High School choir

To request accommodations for a disability for any of these events, contact the executive director of Equity and Compliance at 865-539-7401 or accommodations@pstcc.edu. For more information about Pellissippi State, visit www.pstcc.edu or call 865-694-6400.

1 7 8 9 10 11 12 13 21