Ivy Tech Hamilton County contributes $298.6 million to region

New report shows immense impact of college’s students, alumni & operations

Submitted by Ivy Tech

Ivy Tech Community College Hamilton County’s impact on the region adds more than $298.6 million in income through its students, alumni, and operations. These benefits include $192.3 million in added student income, $83 million in added business income, $18.8 million in added income from Campus activities, as well as $4.5 million in social savings related to health, the justice system, and income assistance in Indiana.

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. The report found that the statewide impact of Ivy Tech 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.

Kartz

“Ivy Tech is a major catalyst for economic growth, investing in Hoosiers, strengthening our region, and delivering impact that lasts for generations,” said Dr. Rachel Kartz, Chancellor of Ivy Tech Community College Hamilton County. “When you factor in both the economic and social benefits, the impact is clear. For a campus that was only three years old when this data was captured during the 2024-25 academic year, we are immensely proud of the meaningful difference we are already making in Hamilton County – and we know our impact will continue to grow for years to come.”

The report highlighted the return on investment from the perspective of students, taxpayers, and society at large. For example, for every $1 invested in Ivy Tech Hamilton County, taxpayers get a return of $2, and further impacts are felt by the lifestyle improvements that come with added skills and education. For every $1 students invested in Ivy Tech Hamilton County in the form of out-of-pocket expenses and time and money forgone, students will see a return of $5.10 in higher future earnings. For every dollar invested in Ivy Tech Hamilton County, the people of Indiana see a cumulative benefit of $10.30.

Pollio

“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,” Ivy Tech President Marty Pollio said.