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…

The concept of socioeconomic impact, as it relates to two-year colleges, is examined in terms of studies that have been conducted. Measures of socioeconomic impact, such as personal income, occupational status, levels of education, are discussed and studies focusing on these measures are cited. Additional studies are pointed to which define…