Reflects Fiscal Year 2022-23
additional resources
- The Economic Impact - Main Report
- The Economic Impact - Executive Summary
- The Economic Impact of KCTCS
Reflects Fiscal Year 2022-23
About OCTC
- 6,085 Credit students
- 4,006 Non-credit students
- 341 Employees
1 out of every 32 jobs in the OCTC Service Area is supported by the activities of OCTC and its students.
OCTC total annual impact
- $196.5 million in added income
- 2,470 jobs supported
Economic Impact Analysis
Alumni Impact
Impact of the increased earnings of OCTC alumni and the businesses they work for.
$174.9 million in added income
- 27x: An economic boost similar to hosting the World Series
- 2,068 Jobs Supported
Operations spending impact
Impact of annual payroll and other spending.
- $16.8 million in added income: Enough to buy 358 new cars
- 374 Jobs supported
Student spending impact
Impact of the daily spending of OCTC students attracted to or retained in the region.
$4.8 million in added income
- Enough to buy 389 families* a year's worth of groceries
- 27 Jobs supported
*family of four
Investment Analysis
For every $1...
- Students gain $7.00 in lifetime earnings
- Taxpayers gain $4.20 in added tax revenue and public sector savings
- Society gains $13.30 in added income and social savings
The average associate degree graduate from OCTC will see an increase in earnings of $9,400 each year compared to someone with a high school diploma working in Kentucky.
ⓘThe average associate degree graduate from OCTC will see an increase in earnings of
$9,400 each year compared to someone with a high school diploma working in Kentucky
