Economic Impact

2022-2023

$349 million

PTC added $349 million to Abbeville, Edgefield, Greenwood, Laurens, McCormick, Newberry, and Saluda Counties. PTC’s impact supported 2,279 jobs. To put this in perspective, the activities of PTC and its students support one out of every 30 jobs in PTC's service area.

Alumni Effect

$247

million

from alumni employed in the regional workforce

Operations Impact

$102

million

in net impact of the college's operations spending

Capital Investment

$143

million

in construction impacts creating 210 temporary jobs

Investment Analysis

Piedmont Technical College (PTC) creates a significant positive impact on the business community and generates a return on investment to its major stakeholder groups—students, taxpayers, and society. Projected rates of return and benefits are as follows.

$148.9

million

in higher lifetime earnings benefitting students, with an average annual rate of return of 26.6% in 2022-23

$44.9

million

in added tax revenue and public sector savings benefitting taxpayers with an average annual rate of return of 4.1%

$480.3

million

in added income and social savings benefitting society

Impact to Industries

Piedmont Technical College (PTC) generates income for and supports jobs across multiple key industries in the region. 

Placement rate is based on job and continued education placement for PTC graduates. Total economic impact figures are drawn from a 2025 study conducted by the University of South Carolina’s Darla Moore School of Business. Additional economic and return-on-investment indicators are based on 2024 analysis by Lightcast, an economic modeling firm.

Manufacturing

364 Jobs Supported

$45.1

million

Government, Non-Education

456 Jobs Supported

$34.1

million

Health Care & Social Assistance

555 Jobs Supported

$27.0

million

Other Services (Except Public Admin)

451 Jobs Supported

$20.0

million

Retail Trade

380 Jobs Supported

$19.3

million