Skip to main content
Add as a preferred source on Google

Bethany College Adds to Economy

  • 09/11/14

LINDSBORG, KS — According to a new study, Bethany College generates $15.4 million in new income each year for its region’s economy. The overall added income created by Bethany College and its students supports 396 job equivalents in its service area and visitors attending various Bethany events spent $1.3 million in the region.

The Bethany College economic impact study is part of a larger study, “Demonstrating the Economic Value of the Kansas Independent Colleges and Universities,” that specifically analyzed the contributions to the Kansas economy by the private colleges that would not otherwise occur if the colleges did not exist. The Kansas Independent Colleges Association released its statewide report last month.

“Bethany has always taken great pride in its positive contributions to the community and region,” President Edward F. Leonard III says, “But I think people will be very surprised when they see the actual impact that is detailed in this report.” Not only does Bethany make a positive impact on the regional economy, but the report also shows that it is a good investment for its students. According to the report, Bethany students receive $2.40 in higher future income for every $1 invested in their education. Other highlights of the study include:

  • The net impact of college payroll and expenses in the Bethany service area was approximately $7.9 million in added regional income.
  • The off-campus spending of Bethany’s out-of-region students was nearly $300,000 in income to the economy.
  • The accumulated contribution of former Bethany students employed in the regional workforce amounted to nearly $6 million in added income during the analysis year.
  • Society as a whole in Kansas will receive a present value of $32.3 million in added state income over the course of the Bethany students’ working lives.

“Of course as enrollment continues to grow, which requires us to hire more faculty and staff, our economic impact will only grow substantially higher over the next few years,” President Leonard adds.

The report was commission by the Kansas Independent College Association (KICA) and the research was conducted by Economic Modeling Specialists International (EMSI). The statewide KICA report can be found at www.kscolleges.org/economic-impact.html.

Featured

  • El Paso District Breaks Ground on New Elementary School

    The Canutillo Independent School District in El Paso, Texas, recently announced that construction has begun on a 119,000-square-foot elementary school, according to a news release. The district partnered with Pfluger Architects, Carl Daniel Architects, and LDCM Solutions on the new Davenport Elementary School, which has an expected completion date of 2027.

  • Spaces4Learning Launches 2026 Education Design Showcase Awards

    Spaces4Learning has opened submissions for the 2026 Education Design Showcase! The awards program launched in 1999 with the goal of celebrating innovative, practical solutions in the planning, design, and construction of K–12 and higher-education facilities. EDS recognizes new developments that help achieve optimal learning environments, as well as the architecture firms that brought the ideas to life.

  • Upcoming University of Alabama Performing Arts Center Hits Construction Milestone

    The University of Alabama in Tuscaloosa, Ala., recently celebrated the topping out of its new Smith Family Center for Performing Arts, according to a news release. The university is partnering with HPM for program and project management on the facility, which broke ground in 2023 and is scheduled for completion in November 2026.

  • Kimball International Releases Curated Design Support Program

    Commercial furnishings company Kimball International recently announced the launch of a new end-to-end design support program, DesignSuite. According to a news release, its goal is to guide architecture & design professionals and dealer partners through the process from vision to specification.