Alberta's colleges and institutes generate $458 million per year

October 17, 2007

A report prepared for the Alberta Association of Colleges and Technical Institutes found that $458.2 million in annual income is generated for the province by its colleges and institutes.  Lethbridge College, which plans to discuss the report in full later this week, was credited with contributing $35.3 million in regional income through its operations and spending.  The report also found that for every $1 invested by students in the college, they receive $5.70 in higher future earnings over the course of their working careers.