The impact that Sunderland College has on the region it serves has been recognised in local media. The Sunderland Echo ran a piece last week under the headline “Wearside College Vital to Region,” in which they highlighted some of the results of the College’s recent Economic Impact Study, which was carried out by EMSI. Some of the highlights included:
– The College’s contribution to the North-East business community is £444.5million each year
– Learners receive, on average, £4.90 in future higher wages for every £1 they invest in an education at Sunderland College
– The total added income created by Sunderland College and its learners is approximately 0.8% of the total economic output of the North East in 2012-13
In addition to the piece in the Echo, SunFM, a local radio station, also covered the results in an interview with the College’s Executive Director of Commercial Activity, Iain Nixon. Amongst other things, Mr Nixon highlighted the impact that the College has, not just on the immediate area, but on the region as a whole:
“We’re developing the future talent, who will move into work into different industry sectors not just across the City of Sunderland, but the broader region and potentially beyond.”
The results of our study into Sunderland College’s impact are impressive, showing clearly that it is a vital economic driver in the region it serves. It is great that these findings have not been buried, but rather through local media have now reached a wider audience, leaving many people in the community in no doubt about the significance of the College in their midst.
We hope to have a full case study of Sunderland College’s Economic Impact Study on this blog in the coming weeks.