Northwest-Shoals adds $148.5 million impact into local economy
Northwest Shoals Community College (NWSCC) added $148.5 million in income to the Northwest Alabama economy in fiscal year 2020-21. The impact supported 2,687 jobs.
Students and alumni of colleges within the Alabama Community College System (ACCS) added $6.6 billion to Alabama’s economy, supporting one out of every 27 jobs in the state, according to an economic impact report released Monday (2/13). The independent, 102-page report by Lightcast estimates the ACCS directly impacts 98,923 jobs in the state, representing about 2.7% of Alabama’s gross state product. Additionally, taxpayers see a net benefit of $1.1 billion in added tax revenue from students’ higher lifetime earnings and increased output to businesses.