Ivy Tech Community College Bloomington adds $86.1 million in income to the regional economy or supports 1,324 jobs according to a new economic impact report from Lightcast, based on fiscal year 2024-2025.
The report highlights how the campus strengthens the region in three key areas, including daily operations, student spending, and the success of its alumni. Statewide, Ivy Tech adds more than $4.8 billion in income and supports 63,000 jobs, or one out of every 67 jobs in the state. If Ivy Tech did not exist, these impacts would not have been generated.
“Ivy Tech is a catalyst for economic growth, investing in students and families, and strengthening the workforce pipeline in the region,” said Chancellor Erik Coyne, Ivy Tech Bloomington. “This report shows what we see every day, that our students, graduates, and employees are making a real difference in our communities and shaping local businesses.”
Where the impact comes from
- Alumni: $53.2 million added income or 703 jobs supported
- Campus operations: $27.9 million added income or 537 jobs supported
- Students: $4.5 million added income or 78 jobs supported
- Construction: $439,300 added income or six jobs supported
Strong return for students
Ivy Tech Bloomington graduates receive a valuable rate of return on their investment and will realize higher future earnings. According to the report, associate degree graduates will earn $10,600 more per year compared to someone with a high school diploma working in Indiana. Over a working lifetime, each graduate will see $434,600 in higher earnings.
Including short-term skills training programs, Ivy Tech Bloomington currently serves more than 11,000 students annually and serves residents and employers in eight counties, including Brown, Greene, Lawrence, Martin, Morgan, Monroe, Orange, and Owen.
See the full Ivy Tech Bloomington economic impact report. See the Ivy Tech statewide economic impact report.
About Ivy Tech Bloomington
Ivy Tech Bloomington offers more than 40 career and four-year transfer programs, with courses that start multiple times per year for quick entry and graduation. To get started, apply online at ivytech.edu/bloomington or email askBloomington@ivytech.edu. For information on free, short-term training programs, visit ivytech.edu/bloomington/NLJ.
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.
