Wake Tech promises payoffs – jobs, upward mobility, access – if voters agree to tax increase for new campus

APEX, NC – Wake Technical Community College is asking homeowners to approve a taxes increase to pay for an expansion of the community college system.

The $ 353 million bond referendum this November would build a new campus in Apex and expand the health sciences campus in Raleigh.

The bond would also add a cyber science facility in the Research Triangle Park and upgrade the community college’s Southern Wake campus.

According to county officials, the average homeowner would pay $ 13.47 more each year on their tax bill for this bond.

Wake Tech helped Erica Tyler get over her fear and go back to school after being a stay-at-home mom of two.

“I did it … and it worked out. I love it,” she said. “I started at Wake Tech in the winter of 2021 at the kitchen table with my kids. We were all virtual. “

Tyler said she’s working toward an associate’s degree without breaking her family’s budget.

“It’s so affordable here, and I really feel like I get so much out of it every single day,” she said.

That return on investment is what Wake Tech leaders hope will earn support from voters to expand the community college.

An economic impact study found Wake Tech students get an average 17.9% return on their education investment in the form of higher earnings from having a degree.

On top of that, county taxpayers get a 7.3% return thanks to increased revenue and decreased demand on social services.

“That’s why this is so important. We’re providing the programs that allow the people of Wake County to fill the jobs that are here and coming to Wake County,” said Wake Tech President Scott Ralls.

Wake Tech is celebrating plans for a new campus to be built on a 34-acre site next to the Dell Technologies facility in Apex.

It would be home to a new workforce development center to provide students with high-tech training for life sciences and industrial jobs.

The location off NC Highway 55 and US 1 is a short drive from thousands of new jobs coming to drug makers. Amgen and FujifilmDiosynth and electric automaker VinFast.

“It’s such a booming area for families,” Ralls said. “There’s so many kids and young families that it’s great to have another campus nearby.”

According to a report from Georgetown University, 61% of all people who enroll at Wake Tech earn more than those with just a high school diploma within 10 years after enrolling.

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