From the construction currently under way to the hiring of instructors, Rasmussen College is generating millions in economic activity in Wausau, Wisc., organizers say.
The college, which will offer two-year degrees at its Wausau campus and four-year degrees online, is slated to start classes in January. Preceding the opportunities for students, however, is a spate of job creation and local spending.
Property developer Chuck Ghidorzi, owner of Ghidorzi Construction, said about 150 people will have worked on the site throughout the course of construction, with about 45 working at any given time. He estimated there’s about $2 million of payroll cycling through the community as a result.
That’s more workers than other current and upcoming Ghidorzi projects because of the rapidly approaching opening date, he said.
The school itself, meanwhile, is looking to hire about 50 employees in the next 12 months, which, along with other spending, could generate nearly $1.5 million in annual economic activity, according to a Rasmussen College statement.
Rasmussen regional vice president Shawn Walden said the college looks to provide a total of about 75 to 100 jobs in the next three years.
Walden also said Rasmussen tries to do business with local vendors and will have management meetings that will draw dozens of people to Wausau-area hotels and restaurants.
Then there’s the long-term impact on Wausau’s work force. Walden said Rasmussen tries to cater to students’ education in the medical, business, technology and other fields to the local job market. The college also is pursuing authorization to offer four-year degrees at its Wausau campus, and Walden said the college will foster educated workers in the long term.
"That will take some time, obviously, before we have graduates," he said. (wausaudailyherald.com)