A new report reveals that Florida’s 28 public colleges contributed a staggering $56.7 billion to the state’s economy in fiscal year 2023–24, supporting roughly 640,000 jobs — or about one in every 24 positions statewide. This impact includes income generated by college operations, student and alumni spending, construction activity, and the enhanced earnings of graduates who enter the workforce. By serving over 650,000 students annually and offering accessible, affordable pathways to credentials and degrees, these institutions act as a “bridge to opportunity” that strengthens communities, delivers strong returns for taxpayers and students alike, and powers long-term economic growth for Florida.
Read More: Florida’s public colleges deliver $56.7 billion to the state economy