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New Economic Impact Report Shows CVCC’s $89.7 Million Boost to the Region

²ÝÁñÉçÇø (CVCC) is more than a place of learning—it’s a powerful engine driving economic prosperity across Alabama and Georgia. A new Lightcast Economic Impact Report reveals that CVCC contributed a staggering $89.7 million to the local economy in FY 2023-24, supporting 1,309 jobs across multiple industries.

Economic Impact at a Glance

• Alumni Impact: $69.4M in added income—boosting businesses and salaries
• Operations & Spending: $15.2M fueling the local economy
• Construction Investment: $2M generating jobs & infrastructure growth
• Student Spending: $3.2M benefiting local businesses

A Smart Investment for Students, Taxpayers, and Society

For every $1 invested in CVCC, the returns are extraordinary:

• $11.40 in lifetime earnings for students
• $4.50 in added income and social savings for Alabama
• $11.3M in added tax revenue and public sector savings

CVCC: Elevating Lives, Strengthening Communities

From increased wages to job creation, CVCC is shaping a brighter, more prosperous future. See more key insights in the Fact Sheet and explore the impact through our infographic sheet.

Join us in celebrating the power of education and economic impact!