Study: KCTCS Added $3.9 Billion Of Income To State’s Economy

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FRANKFORT (02/07/24) — The Kentucky Community and Technical College System added $3.9 billion in annual income to Kentucky’s economy, according to a study released Wednesday. According to a news release, KCTCS supported more than 54,000 jobs in the state. The economic impact study reported for every $1, a KCTCS student earned an additional $6.50 in lifetime earnings, equating to almost $10,000 annually. The study was led by Lightcast, a labor market analytics firm. KCTCS said by the end of the 2023-24 academic year, around 105,000 students will enroll in either an associate program or one of 106 technical programs offered. Since its creation in 1998, KCTCS has served more than a million Kentuckians while maintaining the lowest tuition in the state.