FORT WAYNE — Ivy Tech Community College Fort Wayne and Kosciusko County’s impact on the region adds more than $401.7 million in income through its students, alumni and operations. That’s equal to more than 5,186 jobs supported, according to the release from Ivy Tech.
The overall impact of Ivy Tech was cited in a new report on the economic value of the college, as measured during fiscal year 2024-25 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.
“Ivy Tech’s impact is reflected in the strength of our communities and the success of our students,” said Dr. Kim Barnett-Johnson, chancellor of Ivy Tech Fort Wayne/Kosciusko County. “By aligning education with workforce needs, we’re helping individuals build meaningful careers while supporting the long-term growth of northeast Indiana.”
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,” Ivy Tech President Marty Pollio said.