In spring 2006, the Higher Education Council of Berks County (HECBC) conducted a study to measure the economic impact of the five colleges located in Berks County: Alvernia College, Albright College, Kutztown University, Pennsylvania State University, Berks Campus (Penn State Berks) and Reading Area Community College (RACC). Although many higher…

Economic impact studies are of substantial value to administrators and faculty at community colleges because they provide tangible and reliable information on the measurable economic returns to be expected from the dollars invested in community colleges, and, therefore, can assist an institution to improve its position with its funding sources. An…

Using the research model developed by Caffrey and Isaacs for the American Council on Education, a study was conducted of the economic impact of New Jersey's community colleges to assist the sector in making an economic case for increased revenues. The formula used to determine the colleges' impact on the state involved totalling the in-county…

A study of the economic impact of the community college system of the Commonwealth of Virginia showed that the community colleges returned as much or more to the state in economic benefits than they drew from the state budget. It appears that pay-off on investment in education can be measured in the short run. (JDS)

A study was conducted to assess the additional monies in circulation within Douglas County due to the existence of Umpqua Community College (UCC). Direct and indirect economic impact was calculated for the 1980-81 fiscal year based on UCC records and staff and student surveys conducted during February 1982. Study findings included the following:…

Summarizes the results of a statewide economic impact analysis of Maryland's 17 community colleges which revealed that expenditures had positive short-range and long-range impacts on the state economy in the areas of business, general employment, and increased student earning potential. Presents suggestions for conducting impact studies. (MB)

This handbook provides information and guidelines to assist college administrators and researchers in calculating the economic impact of their community college on its locality. First, background is presented on an economic impact project conducted in New Jersey to help support the case for increased state and county funding to community colleges.…

The purpose of this report was to inform the community of the effect of Chemeketa Community College on the local economy. Considered in this analysis of the college's economic relationship to its district were employee salaries, local capital and service expenditures of the college, and local expenditures by staff and students for housing rental…

A study to determine the economic impact of Rockland Community College on Rockland County used models based on four spending sources, the college as a corporation, the faculty and staff as private individuals, the students as private individuals, and visitors. Questionnaires were used to assess faculty and student monthly expenditures and amounts…

A study was conducted to estimate the economic impact of the State University of New York's (SUNY's) community colleges on their individual service areas, and, as a system, on the state as a whole. The methodological model used in the study examined three major expenditure components to estimate direct economic impact: college budgetary…

Using a model developed by the Illinois Community College Board (ICCB), William Rainey Harper College (WRHC) conducted a study to determine the economic impact of the school on its community by its presence, the business it transacts, the employees it hires, and the students it attracts to the campus. Data, gathered from a variety of college and…

A statewide study was conducted in 1982 to describe the impact of Oregon's 15 community colleges on the state's economy as well as the impact of each college on the economy of its district. Economic impact was defined for the study as the money in circulation within the state or college district due to the existence of the college; i.e.,…

Requirements of a study of a school's economic impact on the community are reviewed and adjustments to the American Council on Education, or Caffrey-Issacs, model of economic impact studies suggested, based on the experiences of the University of Pittsburgh. Revisions to sections of the model dealing with tax loss to local governments, impacts on…

In 1987, a study was conducted to estimate the economic impact of the State University of New York's (SUNY's) community colleges on their individual service areas, and, as a system, on the state as a whole. In light of changing economic conditions and fiscal trends, the study was replicated in 1991. The methodological model used in both studies…

The study described in this report employed the Caffrey and Isaacs model to assess the economic impact of the Long Beach Community College District on the local community. Following a summary of research findings, the report reviews the Caffrey and Isaacs model and two additional economic impact studies. Next, the report considers the relationship…