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Download full textPhillips, James A. – 1974
The ACE model, an impact model that offers a number of specific, interrelated equations to provide quantitative results of college operation in the local economy, is discussed. The components affected include local business, governments, and individuals, with both positive and negative economic impacts on each group. A table presents Cypress…
Descriptors: Community Benefits, Community Colleges, Economic Progress, Economics
Peer reviewedPhillips, James A. – Community/Junior College Research Quarterly, 1977
Utilizing the American Council on Education model for determining the economic impact of colleges on local economies, it was found that Cypress College significantly affected the local economy of its district in a positive direction. The model is recommended for evaluating benefits derived from tax payments to support community college districts.…
Descriptors: Community Benefits, Community Colleges, Economic Research, Educational Economics
