INDIANAPOLIS, Ind. — Ivy Tech Community College’s impact on the state of Indiana adds more than $4.8 billion in income through its students, alumni, and operations of campuses throughout the state. That’s equal to more than 63,000 jobs supported – or one out of every 67 jobs in the state.
The overall impact of Ivy Tech was cited in a new report on the economic value of the College, as measured during Fiscal Year 2024-2025 by Lightcast. That includes $4.3 billion in increased earnings of Ivy Tech alumni and the businesses they work for, $406 million in spending by the College and its campuses, and $136 million in student spending.
Ivy Tech is a powerhouse for Indiana’s economy, investing in Hoosiers and communities, and leaving an impact that is felt for generations. We are proud to be able to help our students and our workforce partners continue to grow.
– Dr. Marty Pollio, Ivy Tech President
The report found that for every $1 invested in Ivy Tech, taxpayers get a return of $1.70, and further impacts are felt by the lifestyle improvements that come with added skills and education.
Students can get a return of $4.90 for every dollar spent by being able to earn more in their lifetime, and society can get a return of $9 on each dollar with added income and social savings.
“We know that more education and skills lead to better and higher-paying jobs, and that is a key mission for Ivy Tech as Indiana’s workforce engine,” Pollio said.
The report also provides a breakdown of Ivy Tech’s impact on the county service areas of each of its 19 campuses, including Ivy Tech Indianapolis, where the campus has a total economic impact of $637.6 million or more than 6,834 jobs supported in the region.
To view the report for Ivy Tech and the breakdowns by campus, please check out our media kit, which also includes helpful graphics to further illustrate the economic impact of Ivy Tech.
About Ivy Tech Community College
Ivy Tech Community College is Indiana's largest public postsecondary institution and the nation's largest singly accredited statewide community college system, accredited by the Higher Learning Commission. Ivy Tech has campuses throughout Indiana and also serves thousands of students annually online. It serves as the state's engine of workforce development, offering associate degrees, long- and short-term certificate programs, industry certifications, and training that aligns with the needs of the community. The College provides a seamless transfer to other colleges and universities in Indiana, as well as out of state, for a more affordable route to a bachelor's degree.
