This document presents the procedures used, the results of, and recommendations concerning a study designed to determine the impact of the University of Pittsburgh on the local economy. Findings include the following expenditures by faculty, staff and students in the Pittsburgh area: (1) Colleges related local business volume--$177.3 million; (2)…

This paper evaluates the nature, size, and distribution of public benefits generated by institutions of higher education and assesses the rationale for regional subsidies. Following introductory material, part two discusses the rationale for general public support of higher education and assesses the legitimacy of extending this rationale to…

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…

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.,…

A study was conducted to investigate the economic effects of external funds flowing into Dade County because of the existence of Miami-Dade Community College (MDCC). After establishing that most of MDCC's funding comes from external sources and that 85% of its 8,000 employees reside in Dade County, the study sought answers to questions pertaining…

The study described in this report examined the direct economic impact of Brookdale Community College (BCC) on Monmouth County and the economic impact of the state community college system on New Jersey. Chapter 1 reviews the background and significance of economic impact studies; discusses the issue from general, New Jersey, and BCC perspectives;…

A comparison of the short-term economic costs of Mohawk Valley Community College (MVCC) to Oneida County (New York) with the short-term economic benefits to Oneida County for the 1977-78 MVCC fiscal year revealed that MVCC had an annual operating budget of approximately ten million dollars. Of this, 13.41% or $1,330,738 was contributed by the…

The effects of Bucks County Community College (BCCC) on the local economy during fiscal year (FY) 1979 were investigated in terms of the monies spent in operating BCCC through purchases of goods and services, salaries to college employees, student financial aid expenditures, veterans' benefits, and property taxes paid by college employees, as well…

The short-term impacts of public community colleges upon the business and government sectors of Maryland's economy were measured through a series of linear cash-flow formulas. In 1976-77, total direct and indirect expenditures attributable to the 17 colleges in areas of salaries, purchase of materials, and capital building improvements were almost…

Designed as a tool for colleges and the State Board for Community Colleges in Maryland to update economic impact data on a regular basis, this manual describes sources of impact information, and how the information can be used in economic equations. Part I of the manual describes how values for short-term economic impacts of community college…