The bachelor of applied science degree program will assist graduates of institutions under the Technical College System of Georgia attaining four-year bachelor’s degrees.
“It could take up to six months or up to a year to get approval from our accrediting agency,” Holmes said. “We’re currently working on our fiscal year 2015 budget and there’s nothing included in the budget now for the bachelor’s degree program. I anticipate to have it entered in the FY16 budget so we can hopefully implement the program in fall 2015. We will need to hire more faculty with a doctorate in business management. We have one at the Milledgeville campus, and I will probably utilize her when we develop the program.”
According to data from the Certified Literate Community Program, the Georgia Average Per Capita Personal Income for a bachelor’s degree is $70,000. Increased education also means increased tax revenues for state and local government as the average state and local taxes paid by a taxpayer is around $8,900 for a bachelor’s degree.
“Once the bill gets through the approval process, we will start working with the technical college to assist us in developing the program,” Holmes said. “We want this to be a seamless transition for students with an applied associate’s degree.”
Kidd said Lt. Gen. William B. Caldwell IV (Ret.), president of GMC, has been “very well-received” at the Capitol.
“[Caldwell] has been up there three or four times and testified before committees a couple of times already,” Kidd said. “We’ll have him back up to testify before the Senate committee next week on the 763 Bill.”
Kidd is optimistic about the GMC-related legislation passing both chambers. He said any contention from the Board of Regents and the University of North Georgia College has all but dissipated.
“Everybody is on board now,” Kidd said.